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$329 million PYUSD mysterious transfer: massive movement between two unknown wallets
[Coin World] There has been a major movement on-chain again. A massive transfer of PYUSD has just been detected—an entire 329 million coins flowing from one mysterious Address to another mysterious Address, amounting to nearly 329 million USD at current prices.
Transfers of stablecoins at this level are usually not simple; it could be institutions rebalancing or exchanges reallocating funds. Both wallet addresses are unmarked, so it's currently unclear who is behind the operations. However, the volume of PYUSD flowing at this scale will have some impact on market liquidity, and it is worth paying attention to future developments.