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Tether, the world’s most valuable stablecoin by market capitalisation, has been gaining a lot of traction lately. The latest development is that Tether whales moved 110 million USDT from different crypto exchanges to different wallets in less than an hour between 3.35am GMT and 4.25am GMT on Monday morning.
These massive transactions were captured by Whale Alert, an advanced blockchain tracker and analytics system.
Tether is ranked the 3rd largest cryptocurrency by market cap of $9.169 billion, with a daily volume of $16.4 billion