On November 2, Binance transferred 100 million Tether (USDT) tokens to an unidentified wallet, marking a significant outflow of the stablecoin from the exchange. The recipient wallet remains unnamed, and the transaction details confirm Binance as the source. This large movement could indicate a shift in token holdings or preparation for further transactions outside the exchange. The reasons behind the transfer and the final use of the tokens remain unclear.
The large transfer of 100 million USDT by Binance comes as Tether trades at Rp18.110 with a slight 0.04% decrease on Pluang. Binance Coin, closely related to the exchange, is priced at Rp12.734.253 and is down 1.40% as of Nov 02, 2026 21:02 WIB. This snapshot shows stablecoin activity amid a modest dip in Binance's native token.
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