Tether has been a driving force in the ongoing crypto bull rally, with an average of $40 million USDT moving onto exchanges daily over the past eight weeks. This consistent influx of stablecoin liquidity, often referred to as “dry powder,” has played a key role in fueling historic market pumps and maintaining momentum as the final stretch of 2024 unfolds. 💸 Among traceable wallets, there is a net average of ~$40M Tether per day moving on to exchanges over the past 8 weeks. Helping to fuel this bull rally and the many historic crypto pumps, look for stablecoin ‘dry powder’
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