I think for many people it's still hard to temporarily and quickly exit a long BTC or long ETH position, but daytraders want to do this with great frequency. T

I think for many people it's still hard to temporarily and quickly exit a long BTC or long ETH position, but daytraders want to do this with great frequency. This is doubly true for people outside the US, not to mention people who are trying to skirt capgain taxes. Of course, an argument could also be made that a tether failure would cause people to flee to BTC or ETH and paradoxically cause prices to rise.