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41.05 Million Tether USDt (USDT) Moves From Unknown Wallet to Coinbase

The movement followed a separate 40 million USDT transfer from an unknown wallet to Coinbase on Nov. 1.

By Enna Lee
Published
Mentioned assets
A silver token rests beside an open exchange deposit slot / TokenPost.ai
A silver token rests beside an open exchange deposit slot / TokenPost.ai

An on-chain observation recorded 41,048,700 Tether USDt (USDT) moving from a wallet with no identified owner to Coinbase on Nov. 5, a second similar transfer in four days.

A separate 40 million USDT transfer from an unknown wallet to Coinbase was recorded Nov. 1.

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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