On-chain sleuth ZachXBT revealed that a Tron chain address starting with TA6YH received 120.2 million $USDT, which was then funneled into a KuCoin deposit address exceeding $12 million, and about $8 million was sent to multiple instant exchange platforms. The involved entities also heavily loaded up on $XMR , driving its price from $330 to $420 at one point.
Additionally, over $8 million was bridged from Tron to BTC and ETH networks via Near Intents. Tether has now blacklisted the address starting with TBzrP that directly held 72 million USDT.
This kind of event highlights two key points: the freezing capabilities of stablecoin issuers and the role of privacy coins and cross-chain channels in high-value fund transfers. #链上追踪 #Tether
Additionally, over $8 million was bridged from Tron to BTC and ETH networks via Near Intents. Tether has now blacklisted the address starting with TBzrP that directly held 72 million USDT.
This kind of event highlights two key points: the freezing capabilities of stablecoin issuers and the role of privacy coins and cross-chain channels in high-value fund transfers. #链上追踪 #Tether