The expectation of a rise also mobilized the elders: 280 million dollars went to 4 crypto exchanges
As Bitcoin rises above 66 thousand dollars this morning, the bullish expectations of the crypto world are also increasing. USDT worth $280 million was sent to 4 major exchanges from 3 major addresses, one of which was the market maker company Cumberland.
With Donald Trump taking firm steps towards the presidency and the Fed's possible interest rate cuts getting closer, expectations for an increase in risky assets have begun to increase. While Bitcoin was fed by these expectations, it managed to exceed 66 thousand dollars this morning.
Increasing expectations also mobilized large accounts in the cryptocurrency world. A total of 278.7 million USDT was sent to 4 exchanges from 3 big whales today. Stable coins, known as liquid assets of the crypto world, are generally sent to exchanges for purchase.
According to the information provided by Lookonchain; Market maker company Cumberland sent 80 million dollars withdrawn from Tether Treasury to Kraken, Coinbase and OKX exchanges.
There were also transfers to exchanges from two unknown large whale addresses other than Cumberland.
TQef1n…k32t account transferred 111.7 million dollars from Tether Treasury to Kraken exchange,
The TQjqZ5…42m8 account also sent the 87 million dollars it withdrawn from the Tether Treasury to the Binance exchange.
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