Trader Scores 206% Profit on FTM While Tether Minting Boosts Crypto Liquidity!

FTM Trade Highlights:

Trader: 0xeddef328f29b51cd5811f9066e97c736f49b3c68

Sell: Sold 274,326 FTM for 244,396 USDC at $0.891 (14 hours ago).

Buy: Acquired the tokens for 79,995 USDC at an average price of $0.292 (June 6 and 10, 2023).

Profit: Net gain of $164K (+206%) after holding for 1.5 years.

šŸ”„ Massive Tether Minting Sparks Market Liquidity Surge!

Tether Treasury Activity (14 Hours Ago):

Minted 3B USDT, split across:

2B USDT on Ethereum.

1B USDT on Tron.

Addresses:

Ethereum Wallet
0x5754284f345afc66a98fbb0a0afe71e0f007b949

Tron Wallet

TKHuVq1oKVruCGLvqVexFs6dawKv6fQgFs

Recent Activity:

In the last 3 days, Tether minted 5B USDT and injected 2.83B USDT into the market.

Since Nov 6, Tether has minted a total of 13B USDT, helping drive BTC's price to $99,600ā€”just 0.4% shy of $100K!

šŸ§ Whatā€™s Next?

With FTM traders realizing profits and Tether boosting liquidity, the market seems primed for major movements. Will BTC cross $100K soon? Stay tuned for updates as the market heats up! šŸš€