Tether’s excess reserves rose to $7.9 billion, and Celestia’s new architecture went live
Large-scale moves are commonly interpreted in three ways:
① Long-term: positions are built quarter by quarter, with little attention to daily price swings;
② Rebalancing: positions are adjusted, which doesn’t necessarily signal a bullish outlook;
③ Trading: short-term moves, with quick entries and exits.
This move seems closer to ①. It mainly provides a price floor rather than driving prices higher.
$TIA Current price: 0.4727, 24h: -0.84%. A single piece of news is unlikely to change the trend, but it could amplify volatility.