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Nearly $200 Million in USDT Moves From Unknown Wallet to Tether Treasury

The 199,999,900-token transfer went in the opposite direction from a separate $300 million movement on Nov. 1.

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A green token passes through a narrow steel vault slot / TokenPost.ai
A green token passes through a narrow steel vault slot / TokenPost.ai

A transfer of 199,999,900 Tether USDt (USDT), valued at about $199.8 million, moved from an unknown wallet into Tether Treasury, reversing the direction of a separate transaction earlier this month.

On Nov. 1, a 299,999,900 USDT transfer from Tether Treasury to an unknown wallet was valued at about $300 million.

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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