Another portion of “newly printed” licenzirovanie Tether USD (USDT) received the purse the largest-volume bitcoin exchange Bitfinex.
Just sent $100,000,000 from the USDT tether reserve to Bitfinex! https://t.co/NPL2zNzEIp #USDT #Tether #Crypto
— Not Tether Backup Printer (@eurtprinter) September 2, 2018
It is noteworthy that previous similar transaction of the same amount was made less than two weeks ago, on August 21. Then it led to short-term market movements, which ended literally the next day.
Currently, the price of bitcoin, apparently trying again to test above $7400. The oscillator StochRSI exits from oversold, but the upward price movement is not backed by increase in trading volumes:
BTC/USD Bitfinex hourly chart
Some users consider the new issue Tether as a sort of very accurate technical indicator.
Does anyone else feel like this Tether transfer thing is a bit too obvious now? I mean it seems to have become a leading indicator for the next move for a lot of people lol. Could it really be that easy? Usually isn’t but who knows 🤷♂app
— Credible Crypto (@CredibleCrypto) September 2, 2018
…others are already building the optimistic short-term forecasts:
$100 MILL Tether incoming. $8,000 $BTC on the horizon for the upcoming week.
— WolfofCrypto (@bullishgentlemn) September 2, 2018
We will remind, earlier Bitfinex was suspected of market manipulation due to the fact that technical problems on the platform coincided with the date of expiration bitcoin-futures exchange CME.
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