Apr 18, 2019
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Tether [USDT] worth $13 million transferred from Tether’s treasury to exchanges

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A total of ~$13 million USDT was transferred from Tether’s treasury to Huobi and Kraken exchange. These transactions together are among other massive amounts of USDT that are being moved in the crypto ecosystem.

The Chinese government’s stance of Bitcoin mining raised a lot of eyebrows and caused an equal number of people to speculate what could happen if the government took the decision to ban Bitcoin mining. Some people are under the impression that this would happen, which caused Chinese users to convert their fiat into USDT, hence the massive flow of Tether into the market.

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AMBCrypto · News

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