A 40 million Tether (USDT) transfer left Binance for a wallet identified as unknown on Nov. 11, marking an outbound movement of the asset from the exchange.

Digital Currency
The transaction was detected Nov. 11, and the destination was labeled an unknown wallet.

A 40 million Tether (USDT) transfer left Binance for a wallet identified as unknown on Nov. 11, marking an outbound movement of the asset from the exchange.
A separate 500 million USDT transfer from Binance to an unidentified wallet was reported Oct. 21.
Over 30 days, apparent demand was down 284,000 BTC; Tether (USDT)’s market capitalization fell by $6.6 billion over 60 days.
The hourly figure does not establish a longer-term trend or show what happened between it and an earlier Binance reading.