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Tether Treasury Transfers $800 Million USDT on February 19, 2025, Raising Speculation on Institutional Buying

On February 19, 2025, Tether Treasury transferred a total of $800 million in USDT to Binance in two separate transactions
By: DeepNewz • February 19, 2025
Tether Treasury Transfers $800 Million USDT on February 19, 2025, Raising Speculation on Institutional Buying

On February 19, 2025, Tether Treasury transferred a total of $800 million in USDT to Binance in two separate transactions. The first transfer involved $400 million (399,929,600 USD), while the second transfer also involved $400 million (400,344,800 USD). This activity has raised speculation about potential large-scale buying activities on Binance, as the exchange's deposit address has received a total of $800 million in Tether USDT within the same day. The recent transfers highlight ongoing institutional interest in cryptocurrency trading.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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