$105 Million in USDT Moved From Unknown Wallet to HTX

A blockchain transfer tracker reported a large USDT (Tether stablecoin) movement into HTX, one of the major global crypto exchanges.

48d ago

Summary

A transaction alert reported 105,023,619 USDT, worth about 104,989,109 USD, transferred from an unknown wallet to HTX. The transfer highlights a sizable movement of Tether (USDT, a dollar-pegged stablecoin) on-chain, though the source does not identify the sender or explain the purpose of the transfer.

Terms & Concepts

USDT (Tether stablecoin): A dollar-pegged stablecoin designed to track the value of the U.S. dollar and widely used for trading and transfers on blockchain networks.
On-chain transfer: A transaction recorded directly on a blockchain, allowing movements of crypto assets to be publicly tracked.
HTX: A cryptocurrency exchange where digital assets can be traded, deposited, or withdrawn.