2,500,000,000 $USDT (≈$2.5B USD) has been burned at Tether Treasury.
Whale Alert
2.5B $USDT Burned at Tether Treasury
2,500,000,000 $USDT (≈$2.5B USD) has been burned at Tether Treasury.
More from Markets
Stories our editors think pair well with this one.
BTC to $125K by 2026: ChatGPT Maps Bitcoin's Path Past $150K
The model's number is the headline, but the actual thesis is a multi-factor alignment by November: CLARITY Act, ETF flows, and a clearer macro window converging at once.
500M $USDT Transferred from Tether Treasury to #Binance
500M $USDT (≈499.8M) moved from Tether Treasury to #Binance.
Bitcoin's 11% rebound faces Fed minutes test this week
The bounce was priced on a guess about what Fed officials said three weeks ago; Wednesday's transcript replaces the guess, and a dovish miss would unwind the rally toward $58,000.
1.1K $BTC Transferred from unknown wallet to Coinbase Institutional
1.1K $BTC (≈72.9M) moved from unknown wallet to Coinbase Institutional.
1.1K $BTC Transferred from #Coinbase to unknown wallet
1.1K $BTC (≈68.3M) moved from #Coinbase to unknown wallet.
250M $USDC Minted at USDC Treasury
250M $USDC (250M USD) has been minted at the USDC Treasury.
Older in Markets
Catch up on earlier coverage from this beat.
Hyperliquid USDC Deal: $160M Boost to HYPE, EBITDA Hit
The revenue share may not just reroute yield — it formalises a template other DeFi protocols can demand, accelerating stablecoin consolidation around USDC and eroding issuer margins.
Tether holds 59% of the $320B stablecoin market
Tether continues to dominate the stablecoin landscape, commanding a 59% share of a market now valued at $320 billion…
Abraxas Capital moves $378M BTC to Kraken and $28M gold tokens across four exchanges
Abraxas Capital deposited 4,835 BTC — worth approximately $378 million — to Kraken within the past hour, in one of the…
632 $BTC Transferred from #Robinhood to unknown wallet
632 $BTC (≈50M) moved from #Robinhood to unknown wallet.
111M $USDC Transferred from unknown wallet to #Coinbase
111M $USDC (≈111M) moved from unknown wallet to #Coinbase.
Crypto Longs Wiped: $1.6B Liquidated as BTC, ETH Slide
The dollar number is loud, but the more telling signal is open interest climbing into the cascade — new shorts are opening on top of the long flush, and the market has not yet found a clearing level.