USDT Binance

USDT whales add to Binance's USDT treasury

By Yugocean | Crypto Champion | 23 Oct 2023


     USDT Whale(s) sent hundreds of million USDT to Binance in multiple transactions, marking stablecoin possibilities.

Whale alert USDT to Binance


Whale Trusts Binance

     The unidentified USDT whale transferred more than 700 million USDT in multiple transactions from the wallet to the Binance exchange. This could be one person or more than one, but this still suggests that whale(s) have more confidence in Binance than in their wallets.


The TRON network shines

       For every transaction, that (or those) whale(s) made use of the TRON blockchain. Although Justin Sun is unpopular, his TRON network is immensely well-liked due to its extremely low transaction fees. The cost of each transfer in those USDT transactions was also zero.


The Reason for the Deposit

        The reason for this huge investment is not known. Some investors believe that the whale's objective may be to earn passively by investing in the Bitcoin Earn, some believe that the whale is investigating for trading because of the possibility of a bull run. While some claims this is CZ and Justin strategy.

 

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Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


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