Since April 1, about 2.55 billion USDT has flowed into Binance, Bitfinex, Kraken and Coinbase. Namely:
$1.018 billion USDT on Bitfinex
824.1millionUSDT in Kraken
614.6millionUSDT on Binance
93.8millionUSDT in Coinbase
🤌 When stablecoins are launched on exchanges, this portends an increase in demand due to the increased mass of money on the exchange.
BlackRock transferred 5,320 BTC and 40,720 ETH with a combined value of $482.66 million. According to bloomingbit, the assets were received by crypto exchange Coinbase. The purpose of the transfer was not specified in the report.
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