⚠️ ALERT OF EXTREME VOLATILITY! $3,000 Million in USDT is Moving from CEXs to Anonymous Wallets in 1 Hour ⚠️
On-Chain Analysis (Minutes Ago): Stablecoin trackers have recorded the almost simultaneous movement of $3,000 million in USDT that has left centralized exchanges (CEXs) and has headed to anonymous wallets (cold wallets) or DeFi protocols. This is the largest transfer of $U$USDT recorded in a single day in months.
Immediate Impact: This massive movement indicates that the Big Whales are withdrawing their liquidity from trading platforms in anticipation of an imminent volatility event (e.g., Powell's rate hike, the dump of an Altcoin, or a regulatory event). The withdrawal of $3B in trading liquidity could make any future price movement much more abrupt and less predictable.
Why are whales withdrawing liquidity now? Are they protecting themselves from a dump or planning a coordinated purchase outside of the CEX?
Should you follow the movement and withdraw your $US$USDT from exchanges to personal wallets?
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