The USDT/VES P2P market in Venezuela shows this Tuesday a spread of 2.97%, according to data from PitbullChain’s P2P Radar. This metric turns the yellow light on in the confidence indicator, with a score of 69 out of 100, which translates into a recommendation for moderate caution. This is not a collapse alert, but a signal for traders to fine-tune their price comparisons and verify the conditions before each transaction. What does a 2.97% spread mean? The spread is the difference between the price you can buy USDT at (seller’s asking price) and the price you can sell it at (buyer’s purchase price). The wider the spread, the larger the gap between supply and demand, which generally indicates lower efficiency or higher volatility. At this time, the average purchase price (the rate at which sellers place their USDT) is 962.95 bolivars, while the average selling price (what buyers pay for USDT) is 935.14 bolivars. This leaves an absolute spread of 27.81 bolivars per USDT, equivalent to 2.974%. For context: if you buy USDT and sell it immediately, you would lose 27.81 Bs per unit, not counting fees. This wide gap is not typical in liquid markets and requires you to compare among the different offers available. Yellow light: what does a score of 69 mean? PitbullChain’s semaphore condenses the health of the P2P market into a single value. A score of 69 places the indicator in yellow, meaning "moderate caution". According to the system-generated description: "The market shows mixed conditions.

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