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Oct. 16 Report Describes 150 Million USDT Deposit Into Binance

An Oct. 16 report described a 33 million Tether USDt (USDT) outflow from Binance on Oct. 13 and a larger deposit into the exchange three days later.

Updated 1 min read
A transaction diagram shows a large stablecoin transfer into an exchange wallet and a smaller reverse flow. / EconoTimes.ai
A transaction diagram shows a large stablecoin transfer into an exchange wallet and a smaller reverse flow. / EconoTimes.ai

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An Oct. 16 report described a 150 million Tether USDt (USDT) deposit into Binance from an unidentified wallet.

The same report described a separate 33 million USDT transfer from Binance to an unidentified wallet on Oct. 13. The earlier movement was smaller and went in the opposite direction.

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