The institution stopped receiving USDT from Tether Treasury two days ago and transferred it to the exchange

2024-08-12 15:46:06
Collection

ChainCatcher message, Lookonchain stated on platform X that institutions have allegedly temporarily stopped purchasing, and the price of BTC has dropped by 4.5% today. It was noted that two days ago, institutions stopped receiving USDT from Tether Treasury and transferred it to exchanges.

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