Over 251,000 Ethereum-based USDT wallets disappeared within 11 days, marking a sharp decline in Tether holder activity. This drop may indicate retail investors closing positions or consolidating funds, a pattern that has historically preceded market rallies, such as a similar event in December 2024 that led to a Bitcoin price rally. The decline could also reflect wallet consolidation, Tether's operational burns, or migration of USDT to other blockchains rather than a true loss of users. The market will watch closely to see if this signals a broader trend or a temporary shift in wallet activity.
The recent loss of 251,350 Ethereum-based USDT wallets provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 18, 2026 01:22 WIB: 46 out of 50 major cryptocurrencies rose today. Notable movers include DOT at Rp18.972 with a 9.36% increase and EOS at Rp12.649 with an 8.13% increase.
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