The post Tether Moves $495M USDT To Binance; Crypto Community Predicts Massive Pump appeared first on Coinpedia Fintech News
According to data from Whale Alert, Tether has recently moved almost half a billion dollars worth of $USDT from its treasury to Binance. The specific amount, 495,375,113 USD, has drawn mixed reactions from several users in the crypto space, with some suggesting that the largest stablecoin provider might be shifting focus to purchasing BTC. This could signal some serious market activity ahead, as big transfers like this often suggest a lot of liquidity is about to hit the exchanges.