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Binance Sends $50 Million in Tether (USDT) to Unidentified Wallet

A separate 500 million USDT transfer from Binance to an unidentified wallet was reported Oct. 21.

Updated 1 min read
An editorial graphic depicts a stablecoin transfer between an exchange wallet and an unidentified wallet. / TokenPost.ai
An editorial graphic depicts a stablecoin transfer between an exchange wallet and an unidentified wallet. / TokenPost.ai

Binance moved $50 million in Tether (USDT) to an unidentified wallet on Nov. 10, a transaction that alone does not show the exchange’s net USDT flow.

EconoTimes previously reported a separate 500 million USDT transfer from Binance to an unidentified wallet on Oct. 21. That coverage listed the amount in USDT without a separate dollar valuation.

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