Trillions of Shib Transferred and Billions of USDT Minted -What’s Going on in Crypto Space?

The market sentiments continue to remain uncertain while huge transfers raise many eyebrows within the crypto space

The transfers have certainly not impacted the value of the tokens yet but may certainly have a deeper impact on the sentiments

The stablecoin leader, Tether (USDT), is losing its peg but has managed to hover close to $0.99 without being destabilized to a large extent. Amid the sloppy market conditions, massive transfers erupt within the crypto space. Interestingly, Shiba Inu has been one of the favourite tokens of the Ethereum whales and has now triggered huge speculation after recording massive transfers. #Binance #shibaInu #theter #cryptocurrency