Tether sold 90 million USDT to Binance market maker Cumberland DRW

2024-04-19 22:44:52
Collection

ChainCatcher message, according to @ai_9684xtpa monitoring, 50 minutes ago, Tether sold 90 million USDT to Cumberland DRW.

Cumberland is Tether's largest issuer. In the past six months, Tether has minted 5.88 billion USDT for this address. Additionally, the institution is one of Binance's important market makers, with about 79% of the USDT issued to Cumberland being sent directly to Binance.

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