Summary
- A wallet presumed to be Tether (USDT)’s collateral wallet reportedly transferred an additional 200 Bitcoin (BTC) to Binance.
- Lookonchain stated that over the past month, the wallet transferred a total of 1,650 Bitcoin to Binance.
- It was reported that after Bitcoin recovered the $100,000 level, Tether's exchange asset transfers have been recurring, drawing the community's attention.
A wallet address presumed to be the collateral wallet for the stablecoin Tether (USDT) reportedly transferred an additional 200 Bitcoin (BTC) to Binance on this day.
On the 7th, blockchain analytics platform Lookonchain announced via X (formerly Twitter), "It is estimated that 8 hours ago, Tether's loan collateral wallet deposited 200 BTC (approximately $20,880,000) to Binance," adding, "Over the past month, they have transferred a total of 1,650 Bitcoin (approximately $174,700,000) to Binance."
Within the community, attention is focusing on the fact that after Bitcoin recovered $100,000, Tether has repeatedly moved assets to exchanges.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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