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Bitcoin Price Could Face Decline as Crypto Exchanges Experience $1 Billion USDT Withdrawal: IntoTheBlock
August 14, 2024Bitcoin’s recent downtrend was triggered by USDT exchange outflows exceeding $1 billion earlier this year, signaling a shift towards a risk-off stance among investors, according to insights from IntoTheBlock. Drawing…
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Cambodian Huione Group Linked to $29.62M USDT Addresses Frozen by Tether
July 14, 2024Prominent stablecoin issuer Tether recently made headlines by freezing a TRON wallet, TNVaKW, containing $29.62 million in USDT tokens. The wallet was suspected to be involved in criminal activities and…
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Decrease in USDT Exchange Outflows Suggest Lesser Selling Pressure
July 1, 2024Recent data analyzed by CryptoQuant reveals a significant trend in the top 10 USDT transactions, indicating a decrease in outflows from exchanges. This shift is crucial in understanding market dynamics…
