Is This Sudden Surge in Tether On-Chain Activity Finally the Dip Buy Validator We Need?

Santiment2025/03/14 06:44

By:Santiment

💸 Tether's on-chain activity has been rapidly rising, with over 143K wallets making transfers yesterday alone (a 6-month high). When $USDT other stablecoin activity spikes during price drops, traders are preparing to buy. Added buy pressure aids in crypto prices recovering.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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