Over $119 Million in USDT Moved from Binance to Unknown Wallet
A large-scale transfer of 119,428,659 USDT from Binance to an unidentified address has been recorded, raising attention in the crypto market.
USDT
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Terms & Concepts
- USDT (Tether): A stablecoin pegged to the US dollar, widely used for trading and transferring value in the cryptocurrency market.
- Wallet Address: A unique identifier used to send, receive, and store cryptocurrency on the blockchain.
- Binance: One of the largest global cryptocurrency exchanges by trading volume, offering a wide range of digital asset services.