Tether custody wallet transfers $20.88M in BTC to Binance

The Tether lending collateral custody wallet moved an additional 200 BTC ($20.88 million) to Binance eight hours ago, according to on-chain analytics platform Lookonchain on X. The post also noted that since BTC reclaimed the $100,000 mark on May 9, the wallet has transferred a total of 1,650 BTC ($174.7 million) to the exchange.