Tether transfers 12M USDT to Binance from the Tether Treasury as the stablecoin seems to be making big moves

Tether has transferred 12M USDT to Binance from Tether Treasury. Tether transfers 12M USDT to Binance Whale Alert reported that 12 million USDT were transferred from Tether Treasury to an unknown wallet. Whale Alert reported the transaction through its Twitter account. These funds were subsequently moved to Binance all with a transfer fee of just 0.07 dollars. The transfers took place on the Ethereum blockchain. The transfer stirred up the crypto ecosystem suggesting that a huge move was underway. However, things did not go the way people were hoping it to as the price of bitcoin declined. Bitcoin’s price dropped