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Tether sold 90 million USDT to Cumberland DRW 50 minutes ago

Tether sold 90 million USDT to Cumberland DRW 50 minutes ago

2024/04/19 14:57

PANews reported on April 19 that according to monitoring by on-chain analyst @ai_9684xtpa, 50 minutes ago, Tether sold 90 million USDT to Cumberland DRW.

Cumberland DRW is the largest issuer of Tether. Tether has minted 5.88 billion USDT for this address in the past six months.

In addition, the institution is also one of Binance's important market makers. About 79% of the USDT issued to Cumberland will be sent directly to Binance.

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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