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$50M Tether (USDT) moved from Binance to unknown wallet on Nov 10

Market News
11 Nov 2026, 12:15 WIB
Tokenpost
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Neutral
$50M Tether (USDT) moved from Binance to unknown wallet on Nov 10

On November 10, a significant transfer of $50 million worth of Tether (USDT) was made from the Binance exchange to an unidentified wallet. This large movement of stablecoin could indicate a major transaction or repositioning by an investor or institution. The recipient wallet remains unknown, leaving market watchers curious about the purpose behind the transfer. Such transfers can sometimes precede trading activity or liquidity shifts in the crypto market.

Tether (USDT) maintains a market cap of Rp3.195,01 trillion on Pluang as of Nov 11, 2026, 17:31 WIB, with a 24-hour trading volume of Rp1.139,64 trillion. Despite the $50 million transfer reported from Binance, USDT's price on Pluang shows a slight decline of 0.09% to Rp18.058. The platform's order activity leans 61% towards selling, with typical hold times around 93 days, indicating steady but cautious trading behavior.

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