A Nightmare on Crypto Street

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Rivers of blood were spilled on Crypto Street. The total volume of liquidations reached $20 billion.

I guess it's the perfect time to remember these gold old advice of the world’s famous banker John Rockefeller:

And:

An amazing phenomenon has happened on the market today. USDT deficit was discovered on the exchanges. Tether was sold at a 7% premium to the market. And this is the first bell for the market.

Today was the most volatile day for the oldest and largest stablecoin. Tether showed a price growth of 16.9% and this happens with USDT trading volumes of $287 billion per day.

Now the main thing is to understand that this is a man-made massacre. On large exchanges, there are no large volumes for sale. But (!!!) the large wallets of bitcoin holders have noticeably added coins.

The total estimate of free bitcoins on exchanges does not exceed 1.2 million, and the hunt for the last available bitcoins in weak hands is underway.

Buckle up. 

Regulation and Society adoption

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