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1.3B $USDT has been transferred from #TetherTreasury to exchanges since the market crash on Aug 5!

Tether Treasury minted 1B $USDT on #TronNetwork again 25 minutes ago! #TetherTreasury has minted 33B $USDT in the past year, of which 19B $USDT was minted on #TronNetwork and 14B $USDT was minted on #Ethereum. https://tronscan.org/#/contract/TBPxhVAsuzoFnKyXtc1o2UySEydPHgATto/transfers

Since August 5, 955M $USDT has flowed into #Kraken from #TetherTreasury through the deposit address "TQef...k32t" on #TronNetwork. https://tronscan.org/#/address/TQef1npDuBwGCVXKY5SE9A1BdPSEYzk32t/transfers The current circulation of $USDT is 116.53B, with 52.05% circulating on #TronNetwork.

Wallet 0x1db (likely #Cumberland) transferred 270M $USDT from the #TetherTreasury to CEXs in the past 24 hours as the market rebounded! After the market dipped on Aug 5, this wallet received 660M $USDT from the Tether and then injected 607.3M $USDT to various exchanges, including: • $333M to #Coinbase • $118.5M to #Kraken • $72.4M to #Binance • $51.5M to #OKX • $32M to #Bullish It seems like institutions are still buying? Follow @spotonchain and check out the Cumberland’s address via https://platform.spotonchain.ai/en/profile?address=0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5

The #TetherTreasury minted 1B $USDT on #Ethereum and transferred 183.2M $USDT to #Cumberland for CEX deposits in the past 16 hours! Overall, since the crash on Aug 5 (9 days ago), Cumberland has • received 953M $USDT from Tether on Ethereum • then injected 906.7M $USDT into various exchanges, including #Coinbase, #Kraken, #OKX, #Binance, and #Bullish.com. Follow @spotnchain and check out the Cumberland’s address via https://platform.spotonchain.ai/en/profile?address=0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5