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Home Blockchain

Tether Moves $495M USDT To Binance; Crypto Community Predicts Massive Pump

by DigestWire member
November 28, 2024
in Blockchain, Crypto Market, Cryptocurrency
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Tether Moves $495M USDT To Binance; Crypto Community Predicts Massive Pump
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Tether Launches Hadron; Aims To Make Asset Tokenization More Accessible Than Ever

The post Tether Moves $495M USDT To Binance; Crypto Community Predicts Massive Pump appeared first on Coinpedia Fintech News

According to data from Whale Alert, Tether has recently moved almost half a billion dollars worth of $USDT from its treasury to Binance. The specific amount, 495,375,113 USD, has drawn mixed reactions from several users in the crypto space, with some suggesting that the largest stablecoin provider might be shifting focus to purchasing BTC. This could signal some serious market activity ahead, as big transfers like this often suggest a lot of liquidity is about to hit the exchanges.

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