Major Crypto Project Moves Another $16.4M USDT to Exchange, Fueling Speculation on $770M Fund Outflow
On-chain analysis reveals a major crypto project transferred another 16.43 million USDT to Kraken. Since its public sale last year, approximately $7.7 billion in stablecoins from the raise has moved to centralized exchanges, alongside $27.6 million in SOL fee revenue since mid-May, raising questions about capital deployment.
Read More