I love watching people speculate on $USDT supply changes, chain swaps, large movements, etc.
It's basically impossible to guess everything right.
But also a pretty good prior is "idk probably it's just capital efficiency or something".
The real story: $15b is huge demand.
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What does a 1:1 stablecoin crash look like? Serious question
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Honestly, when I hear people talk about the whales or speculate on other activity, it sounds like a child talking about the scary shadows in their bedroom. People making money rarely seem to do this though...
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Most goes to future trading so speculation on BTC pump is so 2017
on chain fiat token flow can be very insightful. Not just new minting.
Wait till you see the token game theory taking place now with $CORE uniswap trading and CORE LP buying / selling. Truly cutting edge (and high volume) if FTX wants to take a look
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