USDT Minting Activity

Post date: March 4th, 2023 13:50:03 PM UTC

In the last few hours, several large minting and transfer activities for the Stablecoin USDT (Tether) between Bitfinex (issuer of Tether) and Binance (exchange) on the Ethereum network. A detailed timeline:

1. MINT at 10:07:23 AM
   • Transaction hash: 0x2075eef7946b0671cd89154f362cfc812f71d7847cd1113ceefe496918863d7e
   • Network: Ethereum
   • From: 0xC6CDE7C39eB2f0F0095F41570af89eFC2C1Ea828 (Bitfinex)
   • To: 0x5754284f345afc66a98fbb0a0afe71e0f007b949 (USDT Tether Treasury)
   • Value: 1,000,000,000 USDT (~$1,000,000,000 USD)
     • ——-
2. Transfer at 10:22:35 AM UTC (Tether to Binance)
   • Transaction hash: 0x79f0b5242d25aef4a3bbd3bee32cf2289c86ff76a7a439bf7bc3d892cc80db54
   • Network: Ethereum
   • From: 0x5754284f345afc66a98fbb0a0afe71e0f007b949 (USDT Tether Treasury)
   • To: 0x53D2E40b2d24Ac36bc4be85D8B677248C1c4c9BB (Binance)
   • Value: 500,000,000 USDT (~$500,500,000 USD)
     • ——-
3. Transfer at 10:30:11 AM UTC (exchange internal)
   • Transaction hash: 0xfc946f0981ed014da08452f59c451d63471fcd91cfc48cbd928f555bd0ae9b83
   • Network: Ethereum
   • From: 0x53D2E40b2d24Ac36bc4be85D8B677248C1c4c9BB (Binance)
   • To: 0x28C6c06298d514Db089934071355E5743bf21d60 (Binance 14)
   • Value: 500,000,000 USDT (~$500,500,000 USD)
     • ——-
4. MINT and internal transfer at 10:31:35 AM
   • Transaction hash: 0x6ee9ea768ebc29daad9396b5d54a8b6510389b6261458a88adf8a0ed8ed4c11a
   • Network: Ethereum
   • From: 0xC6CDE7C39eB2f0F0095F41570af89eFC2C1Ea828 (Bitfinex)
   • To: 0x5754284f345afc66a98fbb0a0afe71e0f007b949 (USDT Tether Treasury)
   • Value: 1,000,000,000 USDT (~$1,000,000,000 USD)
     • ——-
5. Transfer (treasury to exchange) at 10:41:35 AM UTC
   • Transaction hash: 0xfc53be5a7c0f50459ac7cf4c8e880c64d78004b3441e2bc254c10428a49f4463
   • Network: Ethereum
   • From: 0x5754284f345afc66a98fbb0a0afe71e0f007b949 (USDT Tether Treasury)
   • To: 0x53D2E40b2d24Ac36bc4be85D8B677248C1c4c9BB (Binance)
   • Value: 500,000,000 USDT (~$500,000,000 USD)
     • ——-
6. Transfer (exchange internal) at 11:00:11 AM UTC
   • Transaction hash: 0x0916f27ec33a7800a761178052ab17b3a6674583ce1bf492bc06d1b0be282cd5
   • Network: Ethereum
   • From: 0x53D2E40b2d24Ac36bc4be85D8B677248C1c4c9BB (Binance)
   • To: 0x28C6c06298d514Db089934071355E5743bf21d60 (Binance 14)
   • Value: 600,000,000 USDT (~$600,000,000 USD)
     • ——-
7. Transfer (exchange internal) at 11:01:47 AM UTC
   • Transaction hash: 0x06b64b4dd4235d5617a1ed2b5e2c3cea2e5017758714f7f83aa00d72a0cc93ef
   • Network: Ethereum
   • From: 0x28C6c06298d514Db089934071355E5743bf21d60 (Binance 14)
   • To: 0xF977814e90dA44bFA03b6295A0616a897441aceC (Binance 8)
   • Value: 1,238,272,862 USDT (~$1,238,272,862 USD)
     • ——-