Post #952

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