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34.5 Million Tether USDt (USDT) Moves From Unknown Wallet to Binance

The Oct. 29 transfer exceeded a 31.6747 million USDT deposit from an unidentified wallet on Oct. 22.

By Enna Lee
Published
Mentioned assets
An unmarked metal token enters a narrow black deposit slot / TokenPost.ai
An unmarked metal token enters a narrow black deposit slot / TokenPost.ai

Binance received 34.5 million Tether USDt (USDT) from an unidentified wallet on Oct. 29, a transfer larger than another deposit recorded at the exchange a week earlier.

The amount exceeded the 31.6747 million USDT sent from an unidentified wallet to Binance on Oct. 22. The earlier 31.6747 million USDT transfer from an unidentified wallet to Binance occurred on that date.

The transaction shows tokens moving into Binance, but it does not establish the exchange’s net flow. Net flow compares deposits with withdrawals, so one incoming transfer alone does not show whether more USDT entered or left during a period.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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