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/biz/ - Business & Finance


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29372631 No.29372631 [Reply] [Original]

wtf even tether is crashing

>> No.29372936

>>29372631
You shorted it right? It's gonna crash to 0.

>> No.29373815

>>29372631
Because big players are buying while retards are panic selling. Look at whale addresses, they are all loading up

>> No.29374840

>>29373815
Those are exchanges spending USDT to stop the bleed. They can't afford to let the price crash because the eurodollar exchanges are running fractional reserves: they don't actually hold the BTC that you "bought", and they will collapse if everyone tries to withdraw their BTC at once. I suggest simply moving your stack to a private wallet right fucking now if you can.

>> No.29375085

>>29372631

I just shorted tether what am I in for?