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

The Nov. 5 transaction records one outbound movement but gives no aggregate inflow or net-flow figure for a defined period.

Mentioned assets
An unmarked coin crosses the threshold of a metal vault / TokenPost.ai
An unmarked coin crosses the threshold of a metal vault / TokenPost.ai

A 200 million Tether USDt (USDT) transfer moved from Binance to an unknown wallet on Nov. 5, recording an outbound movement without showing the exchange’s net flow over a defined period.

The transaction shows USDT leaving Binance in one transfer. It gives no aggregate figure for funds entering the exchange and no net-flow calculation for a stated window. A net-flow figure accounts for movements in both directions over a defined period, so this transfer alone does not show whether Binance received more USDT than it sent during that time.

A separate 102 million USDT transfer from Binance to an unknown wallet occurred on Oct. 15. That earlier transaction was also a single outbound movement, rather than a reported net-flow total.

The Nov. 5 record identifies the recipient only as an unknown wallet. It does not identify the wallet’s owner or show whether other USDT entered Binance during the same 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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