 | In the last 24 hours, a massive amount of USDT and USDC have been moved from wallets onto centralised exchanges. Record amount of USDT moved onto exchanges Currently over $2bn USDT have been deposit on exchanges in the last 24 hours. Almost all of this was sent and deposited on Binance. The funds could be used for spot buying BTC or altcoins, or for longing or shorting via derivatives as well. So its anyone's guess what it is used for, but nevertheless interesting to see this kind of money moving again after few months crab market. [link] [comments] |
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