Whale Alert monitoring shows that at 20:03 today Beijing time, 60 million USDT were transferred from Bitfinex to Kraken.

Whale Alert monitoring shows that at 18:12 today Beijing time, 60 million USDT were transferred from Kraken to Bitfinex.

According to Whale Alert monitoring, Tether minted 1 billion USDT on the Tron network at 5:06 on November 11th Beijing time. Tether's Chief Technical Officer Paolo Ardoino stated that this was an authorized but not yet issued transaction, which means it will be used as inventory for the next issuance request and on-chain exchange.

Whale Alert monitoring data shows that about 7 minutes ago, 56,310,000 USDT ($56,306,762) was transferred from Tether Treasury to Kraken.

On November 9th, according to Lookonchain monitoring, a certain whale address received 90 million USDT from Tether Treasury 50 minutes ago and deposited it into CEX. Since October 20th, the whale address has received a total of 567 million USDT from Tether Treasury and deposited it into CEX.

According to on-chain data analyst Yu Jin's monitoring, a whale address bought a total of 361,668 LINK tokens, equivalent to approximately $4.42 million, on November 6th and 7th. Six hours ago, the whale sold the tokens at an average price of $14.46 and exchanged them for 720,000 USDT and 123 WBTC.

On November 9th, according to CoinGecko data, the total market value of USDT increased by $1.2 billion to $86.2 billion, reaching a new historical high. According to Arkham monitoring, Cumberland DRW minted 477 million USDT within a week, and the USDT was cast through a Kraken deposit address.

“Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg,” wrote the Bank for International Settlements.

US lawmakers proposed a new bill called CLARITY on Wednesday, which prohibits federal government officials from conducting business with Chinese blockchain companies. The bill also explicitly prohibits US government officials from trading with iFinex, the parent company of Tether, the issuer of the world's largest stablecoin, USDT. The bill also prohibits US officials from trading with The Spartan Network, The Conflux Network, and Red Date Technology Co. (the development company behind the digital yuan). It is reported that the CLARITY bill is co-led by US Representatives Zach Nunn (Republican from Iowa) and Abigail Spanberger (Democrat from Virginia), aimed at prohibiting US government officials from trading with Chinese crypto companies and cutting off government employees' access to networks supporting blockchain or cryptocurrency trading platforms in China. Neither of the bill's two sponsors are members of the US House leadership or hold important positions in committees.

According to Scopescan monitoring, today an unfortunate person mistakenly sent 270,000 USDT to the USDT contract address starting with "0xE982". Without Tether's assistance, these USDT cannot be retrieved. Currently, a total of 910,000 USDT has been mistakenly transferred to the USDT contract.

Data monitored by Lookonchain shows that since October 20th, a new wallet has withdrawn a total of 412 million USDT from Tether Treasury and deposited it into Coinbase, Kraken, OKX, and HTX. It seems that funds/institutions are injecting capital into the cryptocurrency market.

According to the latest data from Coingecko, the market value of the US dollar stablecoin USDT has surpassed 86 billion US dollars for the first time, reaching 86,019,221,063 US dollars at the time of writing, setting a new historical high.

According to Whale Alert monitoring, 64 million USDT has been transferred from Tether Treasury to an unknown wallet.

According to DefiLlama data, as of November 6th, the total market value of stablecoins reached 124.695 billion US dollars, an increase of 0.31% from the previous week. Among them, USDT's market share expanded to 68.43%, compared to 67.97% the previous week.

Data monitored by Whale Alert shows that at around 7:02 Beijing time, 1,000,000,000 USDT (1,000,742,500 USD) was minted at Tether Treasury. Tether's CEO, Paolo Ardoino, stated that this 1 billion USDT was a supplement to Tron's network inventory. This is an authorized but unissued transaction, meaning that the additional issuance will be used for the next issuance request and inventory for chain exchanges.

According to Whale Alert monitoring, 1,347,167,859 USDT on the Tron chain was transferred from an unknown wallet to Binance.

On November 2nd, according to Yu Jin monitoring, a high-winning whale in a certain band of transactions transferred 24,549 ETH to Binance four hours ago, and then withdrew 15.89 million USDT. According to analysis, this ETH was withdrawn by the whale from Binance at an average price of $1631 from September 2nd to 21st. The transfer may be for profit selling.

According to Whale Alert monitoring, at 15:40:24 Beijing time today, 75,207,559 USDT was transferred from an unknown wallet to Binance.

According to Whale Alert monitoring, 75,734,958 USDT was transferred from an unknown wallet to Binance.

On November 1st, it was reported that Taiwan's Criminal Investigation Bureau's electronic surveillance team had cracked a fake Taishin Securities mobile phone software fraud case last year. During the investigation, they traced the flow of money from the victims and found that a money launderer surnamed Qiu was suspected of using virtual currency to launder money. Qiu frequently traveled to Southeast Asian countries such as Malaysia. In June of this year, the police arrested Qiu and three other suspects upon his return to Taiwan. During the subsequent investigation of Qiu's phone, it was discovered that he had handled 320 million USDT from February of last year to the present. The police investigation revealed that the fraud group asked the victims to transfer the funds to a dummy account and then used multiple dummy accounts to transfer the stolen funds to overseas virtual currency trading platforms or individual currency traders to purchase virtual currency. Qiu then obtained the virtual currency and sold it for cash, earning 1% commission as profit. The police also arrested accomplices surnamed Liao, Chen, and Huang on charges of fraud and money laundering, and will continue to investigate the source and flow of funds for this "water room" (a criminal group specializing in "money laundering" for overseas online fraud crimes).