A corporate whale withdrew tens of millions more dollars from the Tether (USDT) treasury and transferred it to the exchanges again.
While the cryptocurrency market continues its positive days, a corporate whale that has been frequently on the agenda recently has once again turned to the Tether treasury.
Reported by on-chain analysis platform Lookonchain to data by corporate whale 21 November by taking action on the day and withdrawing from the Tether treasury 96 million USDT pulled all of these from cryptocurrency exchanges. OKX, Kraken And to Coinbase transferred.
The corporate whale in question has been in the Tether treasury since October 20. about 1 billion USDT took it and transferred it all to cryptocurrency exchanges. The whale is associated with these beings Bitcoin And altcoin intake It is thought that he did.
This large amount of USDT received by the institutional investor from the Tether treasury is intended for the cryptocurrency market. increased confidence And appetite It was interpreted as.
Whale 96 million USDT Since it transfers all of them to exchanges, the wallet in question currently has only Ethereum (ETH) worth $480 is available.
According to CoinGecko data, Tether’s current total supply to 88.2 billion USDT has reached.