Bitcoin
Bitcoin (BTC)
$51,735.00 1.1564
Bitcoin price
Ethereum
Ethereum (ETH)
$3,066.93 3.61033
Ethereum price
BNB
BNB (BNB)
$384.82 1.1972
BNB price
Solana
Solana (SOL)
$103.45 1.24587
Solana price
XRP
XRP (XRP)
$0.5457350 0.29627
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000096 0.47256
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 8.61764
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058440 4.4684
El Hippo price
Bonk
Bonk (BONK)
$0.0000117 0.21455
Bonk price
Bitcoin
Bitcoin (BTC)
$51,735.00 1.1564
Bitcoin price
Ethereum
Ethereum (ETH)
$3,066.93 3.61033
Ethereum price
BNB
BNB (BNB)
$384.82 1.1972
BNB price
Solana
Solana (SOL)
$103.45 1.24587
Solana price
XRP
XRP (XRP)
$0.5457350 0.29627
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000096 0.47256
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 8.61764
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058440 4.4684
El Hippo price
Bonk
Bonk (BONK)
$0.0000117 0.21455
Bonk price
Bitcoin
Bitcoin (BTC)
$51,735.00 1.1564
Bitcoin price
Ethereum
Ethereum (ETH)
$3,066.93 3.61033
Ethereum price
BNB
BNB (BNB)
$384.82 1.1972
BNB price
Solana
Solana (SOL)
$103.45 1.24587
Solana price
XRP
XRP (XRP)
$0.5457350 0.29627
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000096 0.47256
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 8.61764
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058440 4.4684
El Hippo price
Bonk
Bonk (BONK)
$0.0000117 0.21455
Bonk price
Bitcoin
Bitcoin (BTC)
$51,735.00 1.1564
Bitcoin price
Ethereum
Ethereum (ETH)
$3,066.93 3.61033
Ethereum price
BNB
BNB (BNB)
$384.82 1.1972
BNB price
Solana
Solana (SOL)
$103.45 1.24587
Solana price
XRP
XRP (XRP)
$0.5457350 0.29627
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000096 0.47256
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000013 8.61764
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000058440 4.4684
El Hippo price
Bonk
Bonk (BONK)
$0.0000117 0.21455
Bonk price

Tether treasury’s $60m transfer to whale sparks scrutiny

tether-treasurys-60m-transfer-to-whale-sparks-scrutiny
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News
Tether treasury’s $60m transfer to whale sparks scrutiny

Lookonchain, a web3 data analysis tool that tracks whale activity, shared a post on X that one fund or institution had secured $60 million in USDT from the Tether Treasury.

This brings the total to $1.76 billion USDT received from Tether Treasury and subsequently funneled into exchanges since Oct. 20.

As part of the post, Lookonchain puts these numbers into perspective, highlighting the sum is enough to acquire 44,000 Bitcoin (BTC) at an average price of $40,000.

On Nov. 22, Lookonchain also reported significant Tether treasury transactions, revealing that Tether Treasury had recently minted an additional $1 billion. The tweet emphasized a noteworthy development, cautioning followers that this particular entity had accumulated a staggering 1.13 billion USDT from the Tether Treasury within the preceding 32 days.

These transactions continue to be flagged by web analysis tools due to the previous controversies the world’s largest stablecoin encountered, drawing scrutiny from critics who raise concerns about its transparency and financial stability.

Some developments, such as a legal settlement with the New York Attorney General (NYAG), have heightened suspicions, revealing instances where Tether was not fully backed at certain points in time.

Further intensifying the scrutiny, a Wall Street Journal investigation has shed light on allegations that Tether’s partners utilized counterfeit documentation to secure access to bank accounts, adding to the project’s challenges.

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