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Altcoins & DeFi

200 Million Tether USDt (USDT) Moves From Binance to Unknown Wallet

Image: TokenPost

A 200 million Tether USDt (USDT) transfer moved from Binance to an unknown wallet on Nov. 5, recording an outbound movement without showing the exchange’s net flow over a defined period. The transaction shows USDT leaving Binance in one transfer. It gives no aggregate figure for funds entering the exchange and no net-flow calculation for a stated window. A net-flow figure accounts for movements in both directions over a defined period, so this transfer alone does not show whether Binance received more USDT than it sent during that time. A separate 102 million USDT transfer from Binance to an unknown wallet occurred on Oct. 15. That earlier transaction was also a single outbound movement, rather than a reported net-flow total. The Nov.

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