Addresses with large USDT holdings are moving their assets off exchanges. Tether’s market cap dominated Circle, but earlier high sentiment has reduced. Over the weekend, stablecoins became “unstable” as fifth-ranked cryptocurrency as Circle USDC in market value lost its dollar peg. Following the event, a lot of investors switched sides and held their stables in
![Tether [USDT] exchange supply dwindles as whales…](https://images.cryptocompare.com/news/default/ambcrypto.png "Tether [USDT] exchange supply dwindles as whales…")
