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I am looking at the Tether chart for its market

cap. On may 11 it was 83 billion. Since then there have been several large sudden drops, up to 3 billion at a time and now market cap is 76 billion.

Beginning of a bank run on Tether to collapse all of crypto?

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Simple panic related to UST. Some were even confused with UST and usdt makings considering it to be the same

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