#1
After all he did say he wanted to buy the 7,000 btc with 40 million tether. Coincidentally it appears that most of this btc is being bought with tether indeed. Because of the way the price went up in bits and not all at once. My theory is that they are buying little bits with pauses in between, hoping for a reaction from those who bought say in the 3-5 thousand range want to take profits so they can buy cheaper. Binance is also under time pressure to restore withdrawals so the price actions makes sense to me.

Bitcoin Cash (BCASH) is NOT the real Bitcoin