Exchanges· ★★· neutral·

Tether Treasury moves 500M USDT to Binance via TRON

  • —Tether Treasury sent 500M USDT to Binance on TRON
  • —Binance moved 500M USDT to Tether Treasury via Ethereum an hour earlier
  • —The transfers likely reflect a cross-chain swap of USDT
Why it matters: Large USDT moves between Tether and exchanges often precede higher liquidity and trading activity.
Source: PANews