Something is happening with $BUSD

Something-is-happening-with-BUSD

Before we talk about $BUSD, let's go back to FTX and Huobi.

If you monitor the $BTC Reserve, as faith in CEX disappeared after the FTX incident, investors began to move coins to DEX.

But it's not easy to be in the Crypto market without CEX.

The remaining investors had chosen Binance, the most reliable exchange.

$BUSD reserves have risen significantly since the FTX.

But it started to drop significantly from Dec.12.

That's when altcoin began to pump.

Market liquidity remained unchanged and began to eat up $ BTC's Dominance.

The end of the altcoin pump was never good with holding on to it. It was cash that brought a good result.

The burning of $BUSD is not a good sign.