Justin Sun withdraws 38 Million USDT from Huobi, Converts it to USDC and Transfers it to Circle

Nov 08,2022
KingData News: According to a tweet by on-chain analyst The Data Nerd, 1.9 million FTTs ($44 million) were transferred from Genesis OTC Desk to FTX at 23:40 on Nov. 7. The Data Nerd suggests it may have been a sale by Binance via an OTC transaction, but CZ says it was not a Binance transaction. According to Cryptoquant data, its trading volume spiked to 2.16 million FTTs between 10 and 11 p.m. today, and FTT prices fell as low as $17.60.
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