Tether has issued 3 billion USDT in the past week, and since August 5th, 3.22 billion USDT have flowed into exchanges
According to Lookonchain monitoring, Tether has issued an additional 3 billion USDT within a week. On-chain data shows that since August 5th, there have been 3.22 billion USDT flowing from Tether Treasury to exchanges. Among them, 1.75 billion USDT flowed into Kraken, OKX, Coinbase, Binance and Bullish.com through Cumberland; and another 1.29 billion USDT flowed into Kraken via the deposit address "TQef1".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vitalik: Ethereum and FTX Have Completely Opposite Philosophies
Today's Fear and Greed Index drops to 11, remaining at the level of Extreme Fear.
Data: A certain whale spent 31.16 million USDT to purchase 10,275 ETH in the past 24 hours
21Shares files for an ETF tracking the Canton Network