Whale Alert
2,000,000,000 $USDT (≈$2B USD) has been burned at Tether Treasury.
2,000,000,000 $USDT (≈$2B USD) has been burned at Tether Treasury.
Burning $USDT reduces the total supply of the stablecoin, which can impact its value and availability in the market.
The burning process can influence the liquidity and stability of $USDT, potentially affecting users' ability to trade or use the stablecoin.
Stories our editors think pair well with this one.
903 $BTC (≈54.1M) moved from unknown wallet to #Coinbase.
165.9M $USDT (≈165.8M) moved from unknown wallet to #Bitfinex.
864 $BTC (≈51.3M) moved from Coinbase Institutional to unknown wallet.
863 $BTC (≈51.3M) moved from Coinbase Institutional to unknown wallet.
145M $USDT (≈144.7M) moved from #Bitfinex to Tether Treasury.
863 $BTC (≈51.2M) moved from Coinbase Institutional to unknown wallet.
Catch up on earlier coverage from this beat.
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