Breaking: USDT Depegs Again As Whales Dump Largest Stablecoin
Tether Reserves in Curve 3pool Miles Deutscher took to Twitter to share rising concerns on USDT. He highlighted- advertisement Whales have been dumping $USDT, resulting in USDT now comprising 50%+ of the Curve 3pool. The recent dumping of USDT by whales has significantly impacted the composition of the Curve 3pool. USDT now comprises 73.17% of the liquidity pool, with over 13% each. This is the highest it has been since November 2022 (FTX collapse). Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] ...