Tether sold 90 million USDT to Cumberland DRW 50 minutes ago

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PANews reported on April 19 that according to on-chain analyst @ai_9684xtpa’s monitoring, 50 minutes ago, Tether sold 90 million USDT to Cumberland DRW.

Cumberland DRW is the largest issuer of Tether. In the past six months, Tether has minted 5.88 billion USDT for this address.

In addition, the institution is also one of Binance's important market makers, and about 79% of the USDT issued to Cumberland will be sent directly to Binance.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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