Tether Treasury Transfers 105 Million USDT to Kraken

Tether Treasury Transfers 105 Million USDT to Kraken

A reported transfer moved 105,000,000 USDT from Tether Treasury to Kraken, with the transaction valued at $105,018,375.

USDT

Fact Check
The claim is strongly supported by the exact Whale Alert transaction page at https://whale-alert.io/transaction/ethereum/0x6a3051f0dba755a48cc16a8b6616ae855e663178991336b3c1524f44a0c93e35, which explicitly identifies a transfer of 105 million USDT from Tether Treasury to Kraken on Ethereum. The Whale Alert Telegram snippet also matches the amount and quoted USD value of 105,018,375 USD. While no official Tether or Kraken post was retrieved in this run, the transaction-specific source directly addresses the claim and there is no conflicting evidence among the gathered sources.
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Summary

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Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether, commonly used for crypto trading and transfers.
  • Tether Treasury: Tether’s issuing and reserve-linked wallet infrastructure used for managing USDT supply movements.
  • Kraken: A major cryptocurrency exchange where users can trade digital assets including stablecoins and cryptocurrencies.