Record USDT Transfer from Tether Treasury to Cumberland Amid BTC Drop

According to @OnchainDataNerd, the amount of USDT transferred from Tether Treasury to Cumberland has reached an all-time high of nearly $1.46 billion as of mid-August. This significant transfer occurred particularly when Bitcoin (BTC) dropped to $49,000. The chart and further details can be accessed on Arkham Intelligence's platform.
SourceThe Data Nerd
@OnchainDataNerdThe Data Nerd (On a mission to make onchain data digestible)