# Binance Receives $348.4 Million in USDT as Whale Transfers Reach $1.94 Billion By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/45910 Published: 2026-11-01T15:06:26.000Z Updated: 2026-11-01T15:06:26.000Z Section: Investing > Exchange outflows totaled $952.5 million, while transfers from unknown wallets to exchanges reached $541.2 million during the three-hour window ending at 10 a.m. ET Sunday. Ten large crypto transfers totaling $1.94 billion occurred in the three hours ending at 10 a.m. ET Sunday, led by a $348.4 million Tether USDt transfer to Binance as exchange outflows exceeded transfers into exchanges. An unknown wallet sent 348,533,038 Tether USDt (USDT) to Binance. The window included $952.5 million in exchange outflows and $541.2 million in transfers from unknown wallets to exchanges. Other large movements included 299,999,900 USDT from Tether Treasury to an unknown wallet at 9:27 a.m. ET and 299,999,900 USDT from Binance to Tether Treasury a minute later. Binance sent 254,123,678 USDT to an unknown wallet at 8:23 a.m. ET. At 8:39 a.m. ET, Binance sent 3,000 Bitcoin (BTC), valued at $233.8 million, to an unknown wallet, while an unknown wallet sent 2,474 BTC worth $192.9 million to Binance. Bitfinex transferred 143,905,015 USDT, valued at $143.8 million, to Tether Treasury at 8:24 a.m. ET. Kraken sent 913 BTC worth $71.2 million to an unknown wallet at 9:28 a.m. ET and 799 BTC worth $62.3 million a minute earlier. Binance also sent 100 million TRX, valued at $31.1 million, to an unknown wallet at 8:24 a.m. ET. A prior three-hour window included [11 large crypto transfers totaling $1.95 billion]() on Oct. 23. ## Links in this article - [11 large crypto transfers totaling $1.95 billion](https://www.tokenpost.com/news/investing/39789)