I noticed a 30 dollar spread appearing the last 3 weeks, and already was lurking at this and something seemed off. Then increased to 100 USD last 1 week, and now going ballistic, spread is up to 500 USD, this could be the end of tether.
Get the popcorn and follow, should sky-rocket in terms of BTC - Its hard to know how big this could be, since the market cap cannot be trusted. But if it pops, Its probably way bigger than bitconnect.
Of course this is sending wrong signals to the market and peoples (unsophisticated) bots to buy BTC so we are getting a pop from it, but that shouldn’t last once the market realizes Its not BTC going up, but USDT collapsing.