Binance Receives $348.4 Million in USDT as Whale Transfers Reach $1.94 Billion

Ten large crypto transfers totaling $1.94 billion occurred in the three hours ending at 10 a.m. ET Sunday, led by a $348.4 million Tether USDt transfer to Binance as exchange outflows exceeded transfers into exchanges. An unknown wallet sent 348,533,038 Tether USDt (USDT) to Binance. The window included $952.5 million in exchange outflows and $541.2 million in transfers from unknown wallets to exchanges. Other large movements included 299,999,900 USDT from Tether Treasury to an unknown wallet at 9:27 a.m. ET and 299,999,900 USDT from Binance to Tether Treasury a minute later.