Tether Treasury deposited 1.845 billion USDT to exchanges on Ethereum in the past 12 hours
According to Spot On Chain monitoring, Tether Treasury deposited 1.845 billion USDT on Ethereum exchanges in the past 12 hours.
Binance: 1.706 billion
Coinbase: 101.7 million
OKX: 20 million
Kraken: 17.86 million
It is worth noting that this injection was carried out after Tether Treasury minted 2 billion USDT on Ethereum and destroyed 1 billion USDT on Tron last night.
In the past year, Tether has issued 37 billion USDT on Ethereum and Tron, which has helped drive up the price of Bitcoin, which has now reached a new historic high of $76,200!
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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