USDT wallets hit 6-month high, signaling potential buying pressure

Tether has experienced a significant increase in chain activity in recent weeks, which could report potential purchase pressure after the last drop in crypto.

Santiment of market intelligence platform said Data on the attachment chain (USDT) points in this direction.

In particular, analysts of the chain and social metric surveillance platform believe that a peak in the USDT volume indicates a change in the dynamics of traffic while they seek to jump on the available opportunity.

On the market, the main price reductions often see merchants withdraw to the main stablecoins, using the purchasing power loaded to flock to Bitcoin (BTC) and other coins when the opportunity arises. Data Santiment gathered the watch shows that the USDT has recorded a six -month summit for the number of wallets making transfers in a single day.

“The activity of the Tether chain increased rapidly, with more than 143,000 portfolios that make transfers alone yesterday (6 months old). When $ USDT and other Stablecoin activity activities during price reductions, traders are preparing to buy ”, the platform was published on X.

According to analysts, the increase in purchase pressure has often helped recovery from the cryptography market. Above all, this is due to the fact that during sales, stabbed such as the USDT and the USDC (USDC) Come at hand. Traders are concerned about potential discharges, taking stablecoins as potential assets of values. When feeling flips, they offer the opportunity to conclude profitable offers.

The BTC and the Altcoins undergoing huge losses in the middle of a broader risk of risk, the activity of the Tether chain has skyrocketed. The daily number of active address and network growth in last week reflect the activity of the attachment in mid-September, noted healthy.

On September 14, for example, Tether saw the creation of 53,767 new portfolios in one day. The overall overvoltage was aligned with the “ideal purchase time before the Bull Run” which saw Bitcoin continue to reach a little above $ 109,000.

The 143,480 USDT portfolios which undertook transfers on March 11, 2025, pretending a similar scenario?