Whales have been selling off significant amounts of Tether (USDT), the largest stablecoin in the cryptocurrency market, leading to a surge in its dominance within the Curve 3pool liquidity pool. The unusual influx of USDT has triggered concerns about the stablecoin’s stability and caused apprehension surrounding USDT’s depegging.
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BTC/USD$ 98,179.31 3.39%
ETH/USD$ 3,323.90 7.54%
USDT/USD$ 1.00 0.05%
SOL/USD$ 255.23 7.12%
BNB/USD$ 633.57 3.98%
XRP/USD$ 1.27 14.02%
DOGE/USD$ 0.384773 0.18%
USDC/USD$ 1.00 0.01%
STETH/USD$ 3,328.62 7.83%
ADA/USD$ 0.819665 1.91%
TRX/USD$ 0.198795 1.53%
AVAX/USD$ 35.39 4.59%
SHIB/USD$ 0.000025 1.49%
WBTC/USD$ 98,104.28 3.67%
WSTETH/USD$ 3,964.11 8.33%
TON/USD$ 5.48 2.84%
SUI/USD$ 3.56 0.88%
WETH/USD$ 3,323.09 7.54%
BCH/USD$ 486.69 8.34%
LINK/USD$ 14.80 2.77%
PEPE/USD$ 0.00002 4.71%
DOT/USD$ 5.92 2.87%
XLM/USD$ 0.271662 11.38%
LEO/USD$ 8.64 2.78%
NEAR/USD$ 5.80 4.39%
LTC/USD$ 89.24 5.79%
APT/USD$ 11.91 0.68%
WEETH/USD$ 3,500.10 7.54%
UNI/USD$ 9.20 2.77%
USDS/USD$ 1.00 0.75%
CRO/USD$ 0.185767 5.86%
HBAR/USD$ 0.123465 4.57%
ICP/USD$ 9.12 1.68%
ETC/USD$ 27.00 5.18%
BONK/USD$ 0.000052 3.69%
KAS/USD$ 0.152636 0.37%
TAO/USD$ 512.92 4.53%
RENDER/USD$ 7.24 3.53%
USDE/USD$ 1.00 0.09%
POL/USD$ 0.449344 3.18%
WBT/USD$ 24.75 3.14%
DAI/USD$ 1.00 0.00%
OM/USD$ 3.82 0.07%
FET/USD$ 1.26 0.95%
WIF/USD$ 3.18 0.41%
ARB/USD$ 0.76367 12.31%
XMR/USD$ 160.20 0.49%
STX/USD$ 1.96 5.38%
OKB/USD$ 45.51 4.08%
FIL/USD$ 4.49 4.34%