Information from WhaleBot Alerts indicates that an unknown source has just minted 500,000,000 USDT tokens worth $497,832,540 into the Tether Treasury. This transaction was done on the Ethereum blockchain a short while ago. Such large-scale minting of Tether has traditionally been used to conduct large-scale purchases of major cryptocurrencies such as Bitcoin. With Bitcoin prices trading in a consolidation pattern for several weeks now, there are speculations that whales may be preparing to launch a large purchase of Bitcoin. This could impact Bitcoin prices, especially with Binance founder Changpeng Zhao indicating ... (full story)