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$850 Million USDT Transferred from HTX Exchange to Tether Treasury

$850 Million USDT Transferred from HTX Exchange to Tether Treasury

Blockchain data shows a large-scale transfer of 850 million USDT from HTX, formerly Huobi, to Tether’s central treasury wallet, signaling potential liquidity or issuance adjustment.

USDT

Fact Check
The transfer is documented by Whale Alert, a reputable blockchain tracking service. The specific transaction details (amount, sender, receiver) match the claim exactly as seen in the search results for the provided X status URL.
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Terms & Concepts
  • USDT (Tether): A U.S. dollar-pegged stablecoin used for trading and value transfer in cryptocurrency markets.
  • HTX (formerly Huobi): A global cryptocurrency exchange platform offering digital asset trading services.
  • Tether Treasury: The central wallet controlled by Tether Limited responsible for minting and redeeming USDT tokens.