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Binance Transfers 500 Million Tether (USDT) to Unknown Wallet

The record lists the amount in USDT without a separate dollar figure.

Updated 1 min read
Visitors enter a glass office tower in Dubai, United Arab Emirates, after rain / TokenPost.ai (macro)
Visitors enter a glass office tower in Dubai, United Arab Emirates, after rain / TokenPost.ai (macro)

The available record leaves the purpose and recipient of the Oct. 21 movement unspecified: it lists 500 million USDT leaving Binance for an unidentified wallet and provides no separate dollar valuation.

A day earlier, Binance received 271 million USDT from an unidentified wallet in Binance’s receipt of 271 million USDT on Oct. 20. The two transfers went in opposite directions, but the individual movements do not establish Binance’s overall USDT inflows and outflows for either day.

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