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Will Tether’s 400M USDT Burning Lead Bitcoin to Crash?

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400 million USDT vanished away yesterday at Tether Treasury, according to Twitter user Whale Alert. Many investors fear that a steep downtrend in Bitcoin price is just around the corner.


Should We Expect a Bitcoin Crash?

On September 16, the crypto community found out that Tether had burned about $400 million worth of USDT. The amount of burnt coins is considerable since the total supply of USDT is 4.1 billion at the moment, according to Coinmarketcap data.

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