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it is because binance got transferred a whole bunch of tether and also created a whole bunch of its own stablecoin right before that huge spike last night. its
by swang 5y ago
it is because binance got transferred a whole bunch of tether and also created a whole bunch of its own stablecoin right before that huge spike last night.
its not irrational, it is just pure fraud.
- phpnode 5y agoit can be both!
- mikeblackson 5y ago>it is because binance got transferred a whole bunch of tether and also created a whole bunch of its own stablecoin right before that huge spike last night. What you are describing is just people moving money to an exchange and buying with leverage, not fraud. Price moves up when large buyers step in with FOMO.