https://postimg.cc/mcXHt3Yg
https://postimg.cc/XXwYPcrB
https://postimg.cc/n9kZh2md
BTCUSDT
BTCUSD
I think this helps to verify the current move upward. It would seem like most of the initial whales of crypto sold into stable coins as the market came down... Evidenced by the spike in stablecoin cap and volume around 2018. The increase in volume is still maintaining momentum while the market caps have slowed there momentum as of late (this would be those initial investors switching from stable coins back to other coins (for a move up) which explains the increased volume relative to market cap of stable coins. I have a hunch that tether could be a way for institutional possibly even central banks to enter the market as tether is generated based on the USD they have to match it (and these tether are then sold on exchanges for crypto). Where is there supply of money coming from is the question (regardless they continue to issue tether).
https://postimg.cc/XXwYPcrB
https://postimg.cc/n9kZh2md
BTCUSDT
BTCUSD
I think this helps to verify the current move upward. It would seem like most of the initial whales of crypto sold into stable coins as the market came down... Evidenced by the spike in stablecoin cap and volume around 2018. The increase in volume is still maintaining momentum while the market caps have slowed there momentum as of late (this would be those initial investors switching from stable coins back to other coins (for a move up) which explains the increased volume relative to market cap of stable coins. I have a hunch that tether could be a way for institutional possibly even central banks to enter the market as tether is generated based on the USD they have to match it (and these tether are then sold on exchanges for crypto). Where is there supply of money coming from is the question (regardless they continue to issue tether).
Comment:
I'm not sure if there is a way to show the images but they are very important.
