Tether has issued 3 billion USDT in the past week, and since August 5th, 3.22 billion USDT have flowed into exchanges
According to Lookonchain monitoring, Tether has issued an additional 3 billion USDT within a week. On-chain data shows that since August 5th, there have been 3.22 billion USDT flowing from Tether Treasury to exchanges. Among them, 1.75 billion USDT flowed into Kraken, OKX, Coinbase, Binance and Bullish.com through Cumberland; and another 1.29 billion USDT flowed into Kraken via the deposit address "TQef1".
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MoreData: If ETH falls below $3,341, the cumulative long liquidation intensity on major CEXs will reach $1.155 billions
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