Tether bought $700 million worth of bitcoin

in #bitcoin4 days ago

I guess no one else is buying bitcoin

With MSTR and a couple others buying tons of bitcoin at these levels, and the price not going up, no one else must be buying.

We just got news that Tether bought $700 million worth:

image.png

(Source: https://x.com/BitcoinMagazine/status/1873743281194172882/photo/1)

If MSTR and Tether and a couple others weren't buying who knows where we would be.

It would be a lot lower than $92k, that is for sure.

So there are a lot of dumpers out there right now.

Hopefully they are getting short.