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.