USDT Surges as Bitcoin Whales Grow and XRP Sees Major Withdrawal
USDT Demand Soars with $1 Billion Minted in One Day
Over $1 billion in USDT was minted on March 31, highlighting strong demand for the stablecoin and reinforcing its dominance in the crypto market. This significant minting underscores USDT's continued relevance and trust among traders and institutions.
Bitcoin Price Stabilizes as Whale Holdings Rise
Bitcoin's price fluctuated between $81,000 and $84,000, maintaining its range-bound trajectory. Despite market uncertainty, the number of large Bitcoin holders has reached 1,993, the highest since December 2024. This 2.6% increase over five weeks signals growing confidence among key stakeholders.
Whale Activity Spikes Across Multiple Assets
Crypto whales are making moves, with a notable withdrawal of 40 million XRP, worth $83.57 million, from Bithumb to an unknown wallet. This activity has sparked speculation about a major investor accumulating XRP, adding to the intrigue surrounding whale behavior in the crypto space.
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