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HomeNewsOKX accounts move over 194 million TRC-20 USDT to Kraken: Unexpected move...

OKX accounts move over 194 million TRC-20 USDT to Kraken: Unexpected move in the market

Several wallet addresses from OKX exchange have transferred nearly 194 million USDT of TRON network to Kraken exchange. This 2-day transfer accounted for 73.5% of the total remittances of the two exchanges in May, at $ 264 million. On-chain data shows that this amount came mainly from Tether and was converted from Tron to Ethereum. The association between Tether, Bitfinex, and OKX has caused controversy in the past.

Source: Collector

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