Wallet 0x1db has received over 50% of the USDT minted on Ethereum in the past three months, and it has been deposited into CEX
According to Spot On Chain monitoring, institutions seem to have prepared for the upcoming spot Bitcoin ETF. The special wallet 0x1db has received over 50% of USDT on Ethereum in the past three months and deposited it into different CEXs. Statistics show that in the past three months, 5 billion USDT were minted on Ethereum. Wallet 0x1db received 2.95 billion USDT and distributed them to various exchanges.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tron Inc. increases its holdings by 177,493 TRX, with total holdings exceeding 683.5 millions TRX
Data: Unrealized losses in the US banking sector approach 400 billions of dollars

Trojan announces integration with Hyperliquid to expand on-chain derivatives trading liquidity