Over $112M in USDT Moved from Cobo to Binance

Blockchain data shows a large Tether transfer from crypto custody platform Cobo to exchange Binance, signaling significant market activity.

USDT

140d ago

Summary

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Terms & Concepts

USDT (Tether): A U.S. dollar-pegged stablecoin used for trading and value transfer in cryptocurrency markets.
Cobo: A cryptocurrency custody and wallet platform catering to institutional and retail users.
Binance: One of the world's largest cryptocurrency exchanges by trading volume.