Tether just "printed" the "anniversary," tenth billion USDT in November. And again on the #Ethereum blockchain, according to #WhaleAlert.

For two weeks we have insisted that such pumping billions into the Ethereum blockchain is a sign of imminent growth for #ETH and other altcoins in its ecosystem. Not everyone believed. But after the recent growth of ETH - it seems they will believe 👀

The main "consumers" of the stablecoin are exchanges that are experiencing increased demand for them. The last "printing" was only two days ago. So these billions are going into the market and being absorbed very quickly.

The market capitalization of the largest stablecoin has just exceeded 131 billion $. Two days ago it was 129 billion $. So they are being taken from the market literally "off the conveyor."

CEO of #Tether Paolo Ardoino wrote that "this is an authorized, but not released transaction." But the essence of the speed of absorption by the market of liquidity does not change this.

Dynamics for 2024:

- November 2024 - so far 10 billion #USDT.

- October 2024 - 1 billion #USDT.

- September 2024 - 1 billion #USDT.

- August 2024 - 3 billion #USDT.

- July 2024 - 1 billion #USDT.

- June 2024 - 1 billion #USDT.

- May 2024 - 2 billion #USDT.

- April 2024 - 5 billion #USDT.

- March 2024 - 6 billion #USDT.

- February 2024 - 2 billion #USDT.

- January 2024 - 5 billion #USDT.

Total +37 billion #USDT for 2024.