2025-12-04 08:55:46

Recently, the U price can't hold up anymore and has dropped below 7.

USDT, which had been stable above 7 yuan, suddenly saw its OTC price loosen in the past couple of days. Some say it's related to issues with Huiwang—liquidity tightening, cash-in and cash-out channels affected, and decreased demand for USD in the market. But it could also be due to multiple factors combined: regulatory pressure, changes in the liquidity environment, year-end settlement needs... In any case, the market is definitely a bit delicate right now.

How long do you think this adjustment will last? Or do you think it will rebound soon?

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SocialAnxietyStaker

· 8h ago

Let it break 7 if it wants, no one has any money left at the end of the year anyway. This is bad, I really have to liquidate everything now. This is all that happens when Huiwang gets into trouble? I thought it would blow up. Regulation and liquidation stacked together, this is tough for everyone. Feels like it will keep dropping, hasn’t hit bottom yet. It’s even hard to withdraw funds now, who would dare to catch the falling knife?

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liquidation_surfer

· 12-04 09:25

Broke 7? Well, time to hold the line again. No idea how long it'll take to recover this time.

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Web3Educator

· 12-04 09:21

ngl this whole liquidity crunch situation is exactly what i've been warning my bootcamp students about—when offshore channels tighten, the domino effect hits different

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GrayscaleArbitrageur

· 12-04 09:17

Breaking 7 is just breaking 7, whatever. I already exited a long time ago. I'll get back in when it rebounds. --- The Huiwang situation is really frustrating. If there's a snag in the funding channels, the whole market gets chaotic. --- At the end of the year, big funds clearing their positions is totally normal. When the liquidity returns, the USDT price will naturally go back up. --- Regulation is coming again? Forget it, better play it safe and not make any moves this time. --- Feels like it still needs to drop for another two or three days before hitting bottom. No need to rush. --- Heard rumors about Huiwang, but who knows if it's true or not. Anyway, that's just how the USDT scene is now. --- The problem is, who still trusts OTC trading these days? Everyone's afraid of getting scammed. --- My friend says we might have to wait until after the New Year to see a real rebound. Who knows. --- No wonder it's been so hard to withdraw lately. So that's what's going on. --- Breaking 7 isn't a big deal. The real despair is if it keeps dropping after that.

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LiquidationWatcher

· 12-04 09:17

Let it break 7 then, anyway, I haven't seen USDT truly stable in the past two years. This is the signal for a cleanup; indeed, there will be a wave of liquidations at the end of the year. That Huiong part was already fragile, and once withdrawal issues arise, it's a chain reaction. But don't be too pessimistic; historically, USDT depreciation has never lasted more than a week before rebounding.

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