The first inklings as to the source of this demand are crypto-to-crypto exchanges where the stablecoin Tether is “providing liquidity.” On 10 August ...
source https://www.google.com/url?rct=j&sa=t&url=https://eng.ambcrypto.com/how-is-tether-helping-bitcoins-demand/&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNGcR2VusvBxDupNwAIaR32NVCIGkA
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