Tether Treasury deposited 800M USDT to Binance on Ethereum

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Feb 19, 14:57

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Tether Treasury deposited 800M USDT to Binance on Ethereum

Related addresses

Tether Treasury

Binance deposit

Total tokens transferred

800M

USDT

Related transactions

Tether Treasury

Binance deposit

Feb 19, 13:21

Tether Treasury

Binance deposit

Feb 19, 14:52

Tether Treasury deposited 800M USDT to Binance on Ethereum in the past 2 hours:

transaction 1: 0x0c4d6256b9d33bb1ac9d41d6526acfa637f5a490b3ab81e0c7726efc43cf3935
transaction 2: 0x1c6411706d0e2654f37bcb7217c9b40121600c3a00f3ad9289cd4318e405edf3
address: 0x5754284f345afc66a98fbb0a0afe71e0f007b949

Notably, these fund transfers happened after Tether minted another 1B USDT on Tron 13 hours ago (more details here). Is liquidity flowing to Ethereum now?

Fig 1. Tether Treasury deposited 800M USDT to Binance on Ethereum in the past 2 hours.

#usdt

#tether

#deposit

#binance

#liquidity

#ethereum

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