On March 27, 2025, a total of $50 million in USD Coin (USDC) was minted at the USDC Treasury, with subsequent reports indicating that $100 million in USDC had been minted within the hour. Additionally, $400 million in Tether (USDT) was transferred to Binance during this period, suggesting increased activity from large investors, often referred to as 'whales'. On March 28, Tether further minted $1 billion in USDT, equivalent to approximately $1,000.5 million, at its Treasury, indicating a robust influx of liquidity into the cryptocurrency market. This minting activity has led to speculation about potential market movements as whales appear to be positioning themselves for a price increase.