Analysis: The institution stopped receiving USDT from the Tether Treasury and transferring it to the exchange two days ago.
PANews reported on August 12 that on-chain analyst Lookonchain stated on a platform that institutions appear to have temporarily stopped purchasing, and the price of BTC has fallen 4.5% today. It was noticed that two days ago, institutions stopped receiving USDT from the Tether Treasury and transferred it to exchanges.
