I advise everyone to be rational and stop trading with USDT. Don't even keep any of them. Exchange them all for BNB or USDC.

Why is Bitcoin going up like crazy now? Where does the money of institutions come from? The only possibility that allows them to raise the price of Bitcoin without any scruples is that they don't need funds to raise the price.

If Tether can issue USDT out of thin air, theoretically, it can purchase a large amount of BTC with USDT through related parties or partners to push up the price. This operation will create the illusion of demand in the market and further attract external investors to enter.

The biggest dealer in the virtual currency market is Tether. God knows how many institutions it cooperates with behind the scenes.

Many people see that Bitcoin and other copycats are either reluctant to sell or reflexively exchange them for USDT. How many people can actually withdraw money? Don't hold it anymore. $BTC $USDC $ETH