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I get that, but how does this suspicious trading do anything? What does it do? It just seems suspicious at this point, but I can't actually find the math to wor

I get that, but how does this suspicious trading do anything? What does it do? It just seems suspicious at this point, but I can't actually find the math to work out the purpose, even though some people in the thread are claiming its alternatively making someone money or supporting the peg, but doesn't say how.

tedunangst 8y ago
If I had a large amount of tether, I might wonder if I could convert that to cash money. So I look at the exchange, see lots of trades being done, and conclude that when the day comes for me to cash out it will be possible. After all, look at all these other people cashing out with no difficulty. Allegedly. Having concluded I can cash out tomorrow, I won't try to cash out today. Which would be the point.