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Yep, someone spent $5m of actual USD to pump the price back up from $0.93 to $0.99 - I mention this in the article, complete with Kraken price and volume chart
by davidgerard 8y ago
Yep, someone spent $5m of actual USD to pump the price back up from $0.93 to $0.99 - I mention this in the article, complete with Kraken price and volume chart showing the $5m pump.
Of course, someone cashed it out straight away, and it's currently at 0.945: https://trade.kraken.com/markets/kraken/usdt/usd https://trade.kraken.com/markets/kraken/usdt/usd
And the market is not so sanguine - the risk premium on Tether exchanges is currently at $300.