Tether and Cumberland: Massive USDT Movements

Tether Treasury continues its aggressive USDT minting. Just 2 hours ago, another 1 billion USDT was minted on Ethereum, bringing the total USDT minted in the past year to a staggering 32 billion. The minting address is 0x5754284f345afc66a98fbB0a0Afe71e0F007B949.

Meanwhile, Cumberland has been a major player in the USDT market. In just 8 days, they've injected a massive 1.04 billion USDT into the crypto market. The latest move saw Cumberland receive 141.5 million USDT from Tether Treasury just an hour ago, which was subsequently transferred to Kraken, OKX, Binance, and Coinbase. Cumberland's address for these transactions is 0x1dBbBC3Fdb2C4FaBd28fd9b84Ed99ceb84BfBeC5.

These significant USDT movements by Tether and Cumberland are undoubtedly impacting the crypto market.

Would you like to analyze these movements further or discuss potential implications?

#USDT #TetherTreasury #minting $USDT