Antalpha-linked address deposits $9.2M in XAUT to Binance

An address believed to belong to Tether partner Antalpha has deposited 1,950 XAUT ($9.18 million) to Singaporean custody firm Cobo, Onchain Lens reported. The funds were later transferred to Binance and are presumed to be in the process of being sold via over-the-counter (OTC) trades. The address currently holds $217 million worth of XAUT.