🚨 Massive Tether Liquidity Injection! 🚨
In the last 5 hours, Tether Treasury transferred 1.845B USDT to various exchanges via Binance deposit address 0xf2e and wallet 0x1db (likely associated with Cumberland DWR) on Ethereum:
1.706B USDT to Binance101.69M USDT to Coinbase20M USDT to OKX17.86M USDT to Kraken
Key Wallets:
Tether Treasury: 0x5754284f345afc66a98fbb0a0afe71e0f007b949Binance Deposit Address: 0xf2eb2aa3727187edd69285ce7e7fdfe2e494abce
Cumberland Wallet (0x1db): 0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5
This follows Tether's minting of 2B USDT on Ethereum and burning 1B USDT on Tron, part of a strategy that has seen 37B USDT issued on Ethereum and Tron over the past year.
🔍 Market Impact: Following this major injection, Bitcoin just hit a new ATH of $76,200! Such substantial mints and liquidity shifts often precede price stability or upward momentum in BTC.
🪙 Current Tether Treasury Balance: 698.85M USDT
