Institutions Halt USDT Transfers, BTC Price Drops 4.5%

According to @lookonchain, institutions have temporarily halted their buying activities, leading to a 4.5% drop in Bitcoin's price today. The halt coincides with institutions stopping the receipt of USDT from Tether Treasury and ceasing transfers to exchanges two days ago.
SourceLookonchain
@lookonchainLooking for smartmoney onchain