Nearly $100 Million in USDT Transferred to Binance From Unknown Wallet
Blockchain tracking data shows a large movement of Tether stablecoins to Binance, raising attention among market participants.
USDT
Summary
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Terms & Concepts
- USDT (Tether): A stablecoin pegged to the US dollar, commonly used for cryptocurrency trading and transfers.
- Binance: One of the world's largest cryptocurrency exchanges by trading volume.
- Wallet: A digital storage system for cryptocurrencies, which can be custodial or non-custodial.