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On April 29, Tether created over 160 million USDT. On this day, the bitcoin price topped $ 8000, $ 8500, and approached $ 9000.
💵 💵 💵 💵 💵 💵 💵 60,000,000 #USDT ($ 60,129,355) minted in Tether Treasury
Tx: https://t.co/kzNxsHDMo5
– Whale alert (@whale_alert) April 29, 2020
💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 100,000,000 #USDT ($ 100,050,700) minted in Tether Treasury
Tx: https://t.co/G8iH40VoyY
– Whale alert (@whale_alert) April 29, 2020
Large amounts of USDT went to the Binance and OKEx exchanges.
🚨 🚨 🚨 🚨 🚨 50,015,000 #USDT ($ 50,036,755) transferred from unknown wallet to #Binance
Tx: https://t.co/rBHriAswyn
– Whale alert (@whale_alert) April 29, 2020
Today, April 30, with OKEx, USD 360 million was withdrawn in just one hour. The exchange claims that these transactions were carried out as part of the technical work on the wallet.
360 million $ USDT removed from #OKEx in 1 hour #Tetherhttps://t.co/wckFZ3yiUH pic.twitter.com/gT5VIVQJl1
– ViewBase (@viewbasecom) April 30, 2020
ℹ️ The recent great #USDT transactions of #OKEx they are part of the maintenance of the wallet according to the exchange.
– Whale alert (@whale_alert) April 30, 2020
A similar outflow was recorded in other Asian exchanges.
Total of $ 280 million $ USDT have been removed from #OKEx to 14 different wallets. #Tether
A similar trend is observed in other Asian exchanges. https://t.co/Q0saxRPQXm pic.twitter.com/uiYNFqxOlN
– ViewBase (@viewbasecom) April 30, 2020
The total capitalization of stable currencies amounted to $ 9.68 billion, since the beginning of February it has grown by 70%. Tether’s share is 82.8%, USDC – 7.5%. 75% of all tokens are issued on Ethereum, 13.9% on Omni, 11.1% on Tron.
Of the total issued supply, 75% is issued on Ethereum, 13.9% on Omni and 11.1% on TRON. pic.twitter.com/X7qR3RYvfe
– Larry Cermak (@lawmaster) April 30, 2020
Recall, Tether’s capitalization has been growing since early April. Stablecoin is fourth in the CoinGecko ranking with a capitalization of $ 7.7 billion.
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