Everyone's calling this a $110M $USDT mint. The chain says otherwise:
- Tether Treasury sent existing USDT to @bitfinex with a plain transfer(). No new supply in this tx
- same wallet, same 110M, also yesterday 04:57 UTC
- first hour out of Bitfinex: one 7M withdrawal, the rest ≤150k each
Proof: https://etherscan.io/tx/0xdf8c4d3a7289fcd7f1af7e7392373a2b3630a232b1bee52fa3813af6ecd397da
#OnChain
🐦 Discuss on X · 📡 @TxnXray
Post #33
3
