Investors have taken out 10 billion dollars out of tether in these past few weeks according to
The GuardianYou can visuals it better by looking at their marketcap graph:
https://imgur.com/Q5s0SgkThis is bear market, did you know how many dollars that has been taken out of bitcoin and all altcoins? It is in billions. This should not be a panic, tether was once worth $less than $10 billion in 2 or 3 years ago. It's price remain stable.
What j did not like about tether is just that the coin is centralized and can be frozen even on noncustododial wallet by Tether developer. This is the reason not to buy tether.