As Bitcoin rocketed to its highest price in more than a month, Crypto whales traded hundreds of millions of dollars worth of Tether (USDT) on and off exchanges over the weekend. According to Whale Alert, an anonymous wallet withdrew over $153.14 million worth of USDT from the lending platform Compound (COMP) in three different transactions on Sunday. Moreover, four unidentified wallets sent roughly $221 million worth of dollar-pegged stablecoin to Crypto exchanges over the weekend. Van de Poppe stated that “The Bitcoin: Stablecoin Supply Ratio (SSR) is still at rock bottom. Meaning that there’s tons of liquidity on the sidelines ready to be pushed into the markets. A big run is still upon us.”