Latest Update
2024-08-15 19:40 UTC

Record USDT Transfer from Tether Treasury to Cumberland Amid BTC Drop

Record USDT Transfer from Tether Treasury to Cumberland Amid BTC Drop

According to @OnchainDataNerd, the amount of USDT transferred from Tether Treasury to Cumberland has reached an all-time high of nearly $1.46 billion as of mid-August. This significant transfer occurred particularly when Bitcoin (BTC) dropped to $49,000. The chart and further details can be accessed on Arkham Intelligence's platform.

Source

Analysis

The Data Nerd

@OnchainDataNerd

The Data Nerd (On a mission to make onchain data digestible)