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/biz/ - Business & Finance

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11708300 No.11708300 [Reply] [Original]

70M Tether was just moved around

https://omniexplorer.info/tx/bb598226d627297954493c14127bd0ef41a1233d5b62b8c1e8ec3bef0c1a69aa

what does this mean? Are we saved again by our based bros at BFX ?

>> No.11708371

It was moved out of circulation
AKA someone cashing out,

lmao retard

>> No.11708391

for reference plebs, there was 2.1 billion circulating tethers in July, now there is only 900Million

>> No.11708512
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11708512

>>11708391
Orly

>> No.11708550

>>11708512

What about the 650M revoked tokens? It wasnt calculated into that

>> No.11708671
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11708671

>>11708300

>> No.11708791

>>11708371
Tethers are being moved out of circulation due to falling demand caused by new stablecoins entering the market not someone cashing out