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Whale Withdraws Another 96M USDT From Treasury: On-Chain Analysis

Published 11/21/2023, 03:31 PM
Updated 11/21/2023, 03:45 PM
Whale Withdraws Another 96M USDT From Treasury: On-Chain Analysis
USDT/USD
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  • Lookonchain revealed that a whale withdrew 96 million USDT from the Tether Treasury over the past few hours.
  • This particular whale has received 992 million USDT from the Treasury since October 20.
  • All of the USDT that this whale has received has made its way onto exchanges.

Lookonchain, the on-chain activity monitoring platform, revealed in an X post today that a whale withdrew another 96 million Tether (USDT) from the Tether Treasury. Following this latest withdrawal, the wallet sent the USDT to OKX, Kraken, and Coinbase (NASDAQ:COIN) over the past few hours.

This particular whale, noted the platform, has received a total of 992 million USDT from the Tether Treasury since October 20 this year and has deposited all of it onto exchanges. This latest withdrawal by this specific whale comes just 4 days after his/her previous transaction.

…The post Whale Withdraws Another 96M USDT From Treasury: On-Chain Analysis appeared first on Coin Edition.

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