This increase in volume might be indicator of market activity
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Paolo Ardoino, Tether CEO and CTO at Bitfinex, took to X shortly after the piece, saying the WSJ is"regurgitating old noise." According to Ardoino, there is no indication that Tether is being investigated.Ripple CEO Warned About Tether “Black Swan Event” in 2024, Is It Happening?has risen 58.62% to over $1.36 billion, or 2.66 billion XRP, according to CoinMarketCap data.
, crypto-tracked futures saw over $377 million in liquidations in the past 24 hours as the market dipped, representing a 182% increase. Traders betting on higher prices lost more than $308.76 million; those betting on Bitcoin and Ethereum lost $44.21 million and $45.64 million, respectively. The largest single liquidation order was on Binance — a BTCUSDT trade valued at $3.59 million.A liquidation occurs when an exchange terminates a trader's leveraged position because the trader is unable to meet the margin requirements.
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