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CoinGape 2022-04-07 11:00:24

Crypto Whales Accumulating Stablecoins; Is This A “Buy The Dip” Opportunity?

Crypto whales appeared to be positioning to buy into a cheaper market, data showed. A recent drop in crypto prices saw a corresponding rise in stablecoin buying by whales. Stablecoins such as Tether (USDT), USD Coin (USDC) and DAI are commonly used to facilitate crypto buying. A trader exchanges fiat for stablecoins on an exchange, The post Crypto Whales Accumulating Stablecoins; Is This A “Buy The Dip” Opportunity? appeared first on CoinGape.

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