Unknown Wallet Transfers $800 Million in USDT to Binance

An unknown wallet moved $800 million in Tether (USDT) to Binance on Nov. 1, a sizable inflow of the token to a cryptocurrency exchange in a single transfer. The transfer was detected at 1:43 a.m. ET (06:43 UTC). The sender was identified only as an unknown wallet, with Binance listed as the destination. The $800 million figure describes the amount moved into the exchange; it is not a reported sale value or a confirmed trade. A transfer to an exchange records where funds were sent, but does not by itself show that they were sold.