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List of Flash News about Tether Lending Collateral

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05:18
Tether Lending Collateral Wallet Deposits $20.88M in Bitcoin to Binance, Totaling $174.7M Since BTC Reclaimed $100,000

According to Lookonchain, the Tether Lending Collateral Custody wallet transferred another 200 BTC, worth $20.88 million, to Binance eight hours ago. Since Bitcoin surpassed the $100,000 mark on May 9, this wallet has deposited a total of 1,650 BTC, valued at $174.7 million, to Binance. These significant deposits suggest increased liquidity and potential selling pressure on Binance, which could impact short-term Bitcoin price action and overall crypto market sentiment (source: Lookonchain, intel.arkm.com).

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