Odaily Planet Daily News According to the blockchain data platform Santiment report, Tether (USDT) on-chain activities reached a 6-month high, with more than 143,000 wallet transfers on March 11. Analysts believe this may indicate that traders are preparing for a market recovery. Vincent Liu, Chief Investment Officer of Kronos Research, pointed out that traders typically accumulate USDT when the market is falling to look for buying opportunities, thereby increasing buying pressure and pushing prices back up. In addition, the February inflation rate dropped to 2.8%, potentially creating a more favorable environment for the cryptocurrency market. (Cointelegraph)
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Atividade na cadeia USDT atinge uma alta de 6 meses, os traders podem estar se preparando para comprar na baixa
Odaily Planet Daily News According to the blockchain data platform Santiment report, Tether (USDT) on-chain activities reached a 6-month high, with more than 143,000 wallet transfers on March 11. Analysts believe this may indicate that traders are preparing for a market recovery. Vincent Liu, Chief Investment Officer of Kronos Research, pointed out that traders typically accumulate USDT when the market is falling to look for buying opportunities, thereby increasing buying pressure and pushing prices back up. In addition, the February inflation rate dropped to 2.8%, potentially creating a more favorable environment for the cryptocurrency market. (Cointelegraph)