Whale Alert says Tether Treasury burned 2 billion USDT on Ethereum

Whale Alert says Tether Treasury burned 2 billion USDT on Ethereum

N
News Editor
2026-11-02 15:27:59
ChainCatcher reported, citing Whale Alert monitoring data, that Tether Treasury burned 2 billion USDT on the Ethereum blockchain at 22:57. The update identified the time of the transaction, the entity involved, the network used, and the amount of USDT destroyed. No additional context, such as the reason for the burn or related treasury activity, was provided in the source item. The report was published as a brief market-moving whale activity update under ChainCatcher’s whale movement category.

According to ChainCatcher, citing Whale Alert, Tether Treasury burned 2 billion USDT on the Ethereum blockchain at 22:57.

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