Nov 09, 22:50
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Tether Treasury minted another 1B on Ethereum
Related addresses
Total tokens transferred
1B
USDT
Related transactions
Tether Treasury just minted another 1B USDT on Ethereum:
- transaction: 0xb3e41e66ed72a46fd436ab8f22e077eca997dcdec2e3a176110ea8227015844f
- address: 0x5754284f345afc66a98fbb0a0afe71e0f007b949
Overall, Tether treasury minted a net amount of 3B USDT in the last 3 days, including burning 1B USDT on Tron and minting 4B USDT on Ethereum. Notably, around 3.44B USDT has been injected into various exchanges on Ethereum, of which 1.75B USDT went to Binance and 770.8M USDT went to Coinbase.
During this period, the BTC price reached a new ATH of $77,200, while the ETH price pumped by ~29%, back above $3,100 after 3 months.
Fig 1. Tether issued 4B USDT on Ethereum in the last 3 days (total net minted: 3B USDT on Ethereum and Tron).
Fig 2. Tether injected 3.44B USDT into various exchanges on Ethereum in the last 3 days.