On-chain monitoring shows that Tether has just recovered 1 billion USDT from the HTX Wallet to the Treasury Address, with this transfer valued at over 1 billion USD. Such a large-scale recovery typically indicates a burn or preparation for redistributing liquidity.
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ZKSherlock
· 14h ago
actually... the "treasury reallocation" narrative everyone's throwing around? ngl that's just hand-wavy speculation. without understanding the cryptographic commitment mechanisms backing usdt redemption, you're basically just pattern-matching on chain data. where's the actual proof of intent here? 🤔
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GigaBrainAnon
· 14h ago
1 billion USDT recovered overnight, is a big player moving? Or is it a reorganization before the dumping?
Tether recovers 1 billion USDT from HTX to Treasury Wallet.
On-chain monitoring shows that Tether has just recovered 1 billion USDT from the HTX Wallet to the Treasury Address, with this transfer valued at over 1 billion USD. Such a large-scale recovery typically indicates a burn or preparation for redistributing liquidity.