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Tether bought $700 million worth of bitcoin

lieutenantdan - 2024-12-30 22:35:42

I guess no one else is buying bitcoin


With MSTR and a couple others buying tons of bitcoin at these levels, and the price not going up, no one else must be buying.


We just got news that Tether bought $700 million worth:



(Source: https://x.com/BitcoinMagazine/status/1873743281194172882/photo/1)


If MSTR and Tether and a couple others weren't buying who knows where we would be.


It would be a lot lower than $92k, that is for sure.


So there are a lot of dumpers out there right now.


Hopefully they are getting short.