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coinpedia 2023-03-15 11:46:24

Whales Withdraw $4B Tether Amid Market Volatility: Crypto Crash Or Enticing Opportunity?

The post Whales Withdraw $4B Tether Amid Market Volatility: Crypto Crash Or Enticing Opportunity? appeared first on Coinpedia Fintech News According to on-chain analytics provided by Lookonchain, a crypto whale made over $3.3 million over the weekend by purchasing USDC at its lowest point during the USDC de-pegging incident. The whale then sold USDC after the stablecoin re-pegged, demonstrating the benefits of having a high-risk appetite. Bitcoin Purchases Amidst Banking Crisis Amidst the U.S. banking …

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