Gate News bot message, Gate market display, BTC breaks through 70,000 USDT, current price 70,006.9 USDT.
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Abstract: On-chain analyst Ai姨 reports that whale account @Jason60704294 has reopened a Bitcoin long by purchasing 717.491 BTC at $75,731.7, valued at about $54.33 million. A shared screenshot appears incomplete, suggesting the position could be larger. The account’s previous long was liquidated on April 14 at $73,500, incurring roughly $5 million in losses, but this loss may have shielded against further losses from a later rally.
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USDT supply hits fresh $188b ATH as Tether tightens grip on stablecoins
Tether CEO Paolo Ardoino says USDT supply has hit a record $188b, cementing the stablecoin's dominance as broader stablecoin liquidity sits near all-time highs.
Summary
Tether CEO Paolo Ardoino says USDT supply has reached a record $188 billion.
The new peak comes weeks after stablecoins hit a
Cryptonews8h ago
