USD1: $130M Trump-Backed Token Flows to Binance
USD1: $130M Trump-backed stablecoin sent to Binance across three transfers in four days, with latest 30M deposit minutes ago.
SourceAnalysis
USD1 transfers totaling $130M from a single wallet reached Binance over four days, including a fresh 30M deposit executed minutes ago, according to on-chain data from @OnchainLens. The three separate moves mark sustained selling pressure on the Trump-backed stablecoin amid elevated exchange inflows. Traders tracking USD1 stablecoin transfers and Trump-backed crypto activity now watch for follow-through volume that could influence short-term liquidity on the venue.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses