Tether market sees increased activity with over 143,000 wallets transacting. Will buyers return amid Bitcoin's price drop?
Tether (USDT) activity has reached its highest level in the past 6 months, indicating traders’ readiness to re-enter the market. According to Santiment data, on March 11, over 143,000 Tether wallets conducted transactions, the highest in the last 6 months. Stablecoin activity tends to signal investors’ readiness to buy digital assets during price declines. Meanwhile, Bitcoin (BTC) hit its lowest level in the past 4 months on March 11 at $76,700. This accumulation of Tether during price drops can increase buying pressure and help price recovery.
