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Over $115 Million in USDT Moved from OKX to Unidentified Wallet

A large transfer from crypto exchange OKX involving more than 115 million USDT raises attention as funds flow to an undisclosed destination.

USDT

Summary

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Terms & Concepts
  • USDT (Tether): A stablecoin pegged to the U.S. dollar, widely used for transferring value in the crypto market.
  • Crypto Wallet: A digital tool for storing and managing cryptocurrency assets.
  • OKX: A major global cryptocurrency exchange offering trading, lending, and other digital asset services.