An unknown wallet sent 64,859,600 Tether (USDT), valued at about $64.9 million, to Binance on Oct. 26, following other large deposits to the exchange this month.
The amount represents 64.8596 million USDT in one transaction. USDT is designed to track the U.S. dollar, making the reported value roughly equivalent to the number of tokens transferred.
The latest movement was smaller than an Oct. 20 deposit of 271 million USDT to Binance, which also came from an unknown wallet. Earlier coverage described a 150 million USDT deposit reported Oct. 16 and a 38.2412 million USDT transfer on Oct. 19.
Those figures describe individual transfers into Binance. They do not establish the exchange’s net USDT flow on any of the dates, which would require accounting for withdrawals as well as deposits. The reported transactions also provide no account of whether the tokens were traded after arrival.
