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/Q5s0Sgkas you can see this has never happened before and the people who are selling out their USDTs are not your average joes but rather the whales,so what do you think ? Do they know something we dont ?
I doubt that they have never lost 10 billion dollars before. And how can you say that they are the whales? and if ever they are the whales I still don't think that there is something happening behind that we don't know. Maybe they are just trying to manipulate the market and take advantage on the current bear market because actually they can. Plus tether is back by dollar, and I don't think there is something happening to us dollars that make them worried. So stop overthinking mate. What happening right now is just a normal market situation every bear market.