Galaxy Digital withdraws $200 million worth of USDT from a centralized exchange

Source
Uk Jin

Summary

  • It was reported that Galaxy Digital withdrew $200 million worth of USDT from a centralized exchange.
  • Galaxy Digital announced that it conducted several rounds of USDT withdrawals from Binance and OKX.
  • Previously, Galaxy Digital had reportedly deposited about $430 million worth of Bitcoin into a centralized exchange.

It was revealed that the virtual asset (cryptocurrency) asset management firm Galaxy Digital withdrew a large amount of Tether (USDT) from a centralized exchange (CEX).

According to Arkham Intelligence on the 25th (Korea Standard Time), Galaxy Digital withdrew $200 million worth of USDT several times from exchanges such as Binance and OKX starting about 30 minutes ago.

Previously, Galaxy Digital had deposited approximately $430 million worth of Bitcoin (BTC) into a centralized exchange.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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