A billion dollars of fresh tethers (USDT) have just been created. The massive mint that whale alerts were discovered happened early on Monday on the Tron Network. It was just over $1,000,799,999. That's not a small change. Not particularly when Bitcoin (BTC) hits $106,000 after a weekend mix.
I feel like the timing here was chosen for that reason. Bitcoin had already shown signs of recovery after a deep soak earlier this week, but a fresh injection of Stablecoin liquidity could be a necessary spark.
In fact, BTC quickly bounced off the $105,000 zone and rallied in the $106,600 range just after mint hit the blockchain.
The Tether Treasury guren 💵 made with https://t.co/tu80mk69v8
– Whale Alert (@Whale_Alert) June 9, 2025
What makes this even more interesting is that Tether's market capitalization advantage has not increased. In fact, it has dropped to just 4.73%, suggesting that the market could spin from the stubcoin and flow directly into high-risk plays like BTC and ETH.
This kind of change usually means new money coming in and there is an idea that it works quickly.
Tether's supply is currently under US$156 billion, with a 24-hour volume of over $55 billion. It's not clear whether this billion will give Bitcoin another boost or if it's sitting there as “dry powder,” but one thing is certainly true. The market got more liquids.