Tether USDt

In a surprising turn of events, over $16 billion worth of Tether (USDT) has been moved from exchanges to self-custody by wallets holding between $100,000 and $10 million. These key shark and whale addresses are reshaping the landscape of cryptocurrency storage, signaling a potential shift in power dynamics within the industry.Leading crypto data provider Santiment unveils intriguing link between Tether whales and $16b&#43; shift to self-custody:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/76465984be414153b08a591d8a50affe.png" />This massive movement of funds showcases the growing trend of large-scale investors opting for self-custody solutions rather than relying on third-party exchanges. By taking control of their digital assets, these investors are safeguarding their investments and gaining more autonomy over their financial decisions.One possible explanation for this migration away from exchanges is the increasing concern over security risks associated with centralized platforms. In recent years, numerous high-profile hacks and thefts have led to significant losses for individual users and institutions. By moving their USDT into self-custody, these major players are mitigating the risk of falling victim to such incidents.Read full article at<a href="https://cryptotale.org/surge-in-tethers-valuable-addresses-signals-massive-shift-in-crypto-landscape/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Surge in Tether's Valuable Addresses Signals Massive Shift in Crypto Landscape

CryptoTale

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