Data shared by the prominent blockchain tracker Whale Alert reveals that about half an hour ago, Tether created yet another massive USDT chunk, minting 1,000,000,000 USDT on Ethereum.
A tweet that was published by the aforementioned platform right after that shows that 225,364,963 USDT was immediately transferred to the Bitfinex exchange, which is affiliated with Tether. This took place as later today a scheduled FOMC meeting is expected to take place.
💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 #USDT (1,000,955,491 USD) minted at Tether Treasuryhttps://t.co/LmkI681QN9
— Whale Alert (@whale_alert) June 18, 2025
Historically, stablecoins in circulation and especially those held by exchanges have served as dry gunpowder, used by traders to accumulate Bitcoin.
Analytics account on the X platform, Lookonchain, has also spread the word about this mammoth USDT chunk release, adding that when the same minting took place two times previously, Bitcoin price displayed a rally: “The last two times #Tether minted $USDT, $BTC pumped.”
Tether just minted another 1B $USDT.
— Lookonchain (@lookonchain) June 18, 2025
The last two times #Tether minted $USDT, $BTC pumped.
Will $BTC pump again this time?https://t.co/Hpn4LisKe2 pic.twitter.com/XBl8Nt8Nhf
Thus, the Lookonchain’s tweet contemplates if the world’s largest crypto is about to pump once again today or this week.
