Coinglass Tracks 40 Million USDT Transfer From Unknown Wallet to Binance

News Editor

2026-06-16 04:00:51

Coinglass data showed that 40 million USDT was transferred from an unknown wallet to Binance at 10:53 on June 16, according to ChainCatcher.

USDTBinanceCoinglassWhale MovementOn-chain Transfer

According to ChainCatcher, Coinglass data showed that at 10:53 on June 16, 40 million USDT was monitored moving from an unknown wallet to Binance. The receiving side of the on-chain transfer was Binance, while the sending side was labeled in the data as an unknown wallet.

USDT is a stablecoin widely used in crypto trading, settlement, and fund transfers. The on-chain monitoring record only identifies the time, amount, asset type, and direction of this transfer. It does not provide the identity of the holder behind the unknown wallet or the purpose of the transfer. The record was based on Coinglass monitoring data and was reported by ChainCatcher.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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