Wu Blockchain (@WuBlockchain): ZachXBT: $120M USDT Wallet Linked to XMR Surge, Tether Freezes $72M
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
ZachXBT: $120M USDT Wallet Linked to XMR Surge, Tether Freezes $72M According to ZachXBT, a Tron address received 120.2 million USDT on June 11 and subsequently transferred over $12 million to KuCoin deposit addresses, $8 million to instant exchanges, and another $8 million through Near Intents to Bitcoin and Ethereum. The entity also placed large Monero buy orders, contributing to XMR’s surge from $330 to $420. Tether has since blacklisted a related address holding 72 million USDT.