DeFi analyst cryptopainzy tweeted on June 15, noting that “$USDT holds $1.5 billion worth of $BTC.” According to the Twitter user, under significant strain, it may become necessary for Tether to liquidate these holdings to uphold the peg. Moreover, they claim that the acquisition of said BTC was initially funded by profits. Cryptopainzy further tagged The post Tether Faces Liquidation Threat for $1.5B BTC Holdings, Analyst Warns appeared first on Coin Edition .
