Is a lot of tether being printed bullish or bearish?

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See for example recent [whale alert](https://twitter.com/whale_alert/status/1399378639771340803):

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 1,000,000,000 #USDT (1,000,000,000 USD) transferred from Tether Treasury to #Binance

I can’t really make up my mind. I can imagine two scenarios:

* Bullish: Traders need Tether to buy Bitcoin with USD(T)
* Bearish: Exchanges need Tether for Bitcoin sellers

What’s your take?

View Reddit by ANAL-Inverter-2000 – View Source



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Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

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