CandleFocus Massive 728.6M USDT USDT Influx Hits Crypto Markets Following Election
2024-11-07
Author: Content Editor
In a major post-election event, 728.6 million USDT (Tether) entered the cryptocurrency market within a span of 15 hours. The inflow of Tether came solely from Tether Treasury and went directly to major exchanges such as Kraken, Coinbase, Binance, OKX, Bybit, and Cobocom. Kraken received the largest amount of USDT, followed by Coinbase and Binance. This influx of stablecoins suggests higher trading activity and potentially positive effects on cryptocurrency prices. The timing of these deposits after the election raises questions about whether it is a strategic market move driven by anticipated volatility or institutional adoption of cryptocurrencies. Investors and analysts will be closely monitoring the effects of these inflows on crypto prices.
Related News
After US election wins, the crypto industry looks to the 2026 midterms Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture Explosive DeFi Growth: TVL in Derivatives Hits $4 Billion Milestone What is a crypto swap in cryptocurrency? Solana Vs Ethereum: Veteran Trader Peter Brandt Reveals Why SOL Is Ahead Why Trump-Themed Coins are Crashing After US Election Results? 'Trump Trade' Means Bitcoin Could Soar for Eight Weeks, Says JP Morgan Asian crypto traders profit from Trump’s win, China’s 2025 CBDC deadline: Asia Express Bitcoin all-time high at $76.8K is just the beginning, according to data Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco Solana Bulls Aim High: $194 Breakout In Sight Amid Market Optimism DEGEN L3 migration hindered by Conduit standoff and financial losses Elon Musk and Tesla Cleared of Investor Misleading Claims, Trump Effect? Ethereum Poised for a ‘Monster Rally’ as Price Approaches $2.9K Bitcoin Hits $76,000 All-Time High As Market Reacts To Fed’s Interest Rate Cuts Bitcoin Surges past $74,400 as $2B USDT Issuance by Tether Lifts Market Sentiment Galaxy CEO expects ‘one piece of good news every week’ 3 economic mistakes Donald Trump should not make in his second term Solana’s Liquid Staking Surges to $5.67 Billion Market Cap, JitoSOL Leads the Way US Department of Justice Issues Statement on Bitfinex Hack That Stole Billions of Dollars of Bitcoin CZ, Former CEO of Binance, Speaks Candidly After Bitcoin’s Big Rise Bitcoin’s Parabolic Trend to Six-Figure Price Very Much in Play, Says Kevin Svenson – Here Are His Targets Institutions are betting big on RWAs and expecting large returns 5 Analysts Commented After Interest Rate Decision and FED Chairman’s Remarks Crypto Money Won the Election—And It Could Just Be Getting Started Spark launches on-chain order book for Ethereum Detroit will become the largest US city to accept crypto to pay taxes and fees Top Analysts Make First Comments After FED’s Interest Rate Decision – What Does It All Mean? Bitcoin’s Re-Accumulation Phase Nears End—Will $71,500 Trigger the Upside? Massive 728.6M USDT USDT Influx Hits Crypto Markets Following Election FED Chain Jerome Powell Speaks LIVE After FED’s Interest Rate Decision – Here’s What He Said Missed Bitcoin’s Surge? Profit from BTC Bull Run Dogecoin Price Looking To Close Weekly Candle Above The Yellow Line, Why $10 Is Possible If This Happens Cardano (ADA) Whales Are Waking Up As Price Shoots 10%, What Next? High-risk DeFi loans are surging as market sentiment drives demand for leverage Ethereum Price Hits Three-Month Peak Whales Dumping WBTC For Profits Ahead Of BTC’s Pump Coinbase Brings Bitcoin to Solana with cbBTC Bitcoin Whale Purchases 1,225 $BTC Worth $92 Million, After Bitcoin Records New ATH Freedom Partners With Thailand Tourism Authority to Boost Traveling with Fuse Network MANEKI, MOODENG and SUNDOG lead meme coin pump COW Price Faces Potential Pullback as Bearish Trend Awaits Below Critical Support Level Ethereum ETFs could gain a competitive edge with staking, analyst suggests Lido Dao surges 32% in 24 hours, targets $2.48 after volume surge Exclusive: IOTA Founder Shares Vision on Project’s Future, Identity Tech, and Exchange Listings Ethereum Is On The Rise And About To Cross The $2,850 Mark MicroStrategy's Saylor Mocks WSJ as Bitcoin Hits New Record High Nash add support for Neo X into its asset management platform Just four entities account for nearly all the votes to keep MakerDAO's rebranding to Sky Who is SEC’s Mark Uyeda? Trump’s frontrunner for SEC chair Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on Covenants Coinbase's stock surge following Trump election win leads to a massive day for a leveraged ETF counterpart Crypto firm WonderFi's CEO kidnapped then released after paying $1 million ransom: report Here's How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump Ethereum fees poised for rebound amid L2, blob uptick Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC ColliderScript: Advancing Bitcoin covenants without a fork Solana open interest hits record high: Will SOL top $200? Defi Nears $100 Billion Milestone as Crypto Market Heats Up ETH’s Recent Bounce Explained: Is This the Start of a Sustainable Trend? Galaxy Digital clocks biggest trading day of year on US election day: Report BREAKING: Critical FED Interest Rate Decision Announced Trump adviser says Powell will likely keep Fed role until 2026 Bitcoin L2 Labs Launches to Advance Stacks Core Development and Accelerate Bitcoin Layer 2 Adoption Will Polygon Price Hit $1 on AggLayer, Trump Trade? Avalanche Price Targets Rally To $42 If AVAX Clears This Hurdle FED’s Critical Interest Rate Decision is 1 Hour Away – Here’s What to Expect According to the Latest Data Jito Labs records $78.9 million in monthly fees for October, doubling its previous record set in May New All-Time High Price Record in Bitcoin! – Critical Moments Ahead of Interest Rate Decision – Here is the Latest Data Crypto-AI startup Pond raises $7.5 million in seed funding Load variability is key to AI energy infrastructure — TeraWulf CTO Solana dominated with dramatic fee growth in October BREAKING: Coinbase Announces a Surprise Altcoin Listing Solana Breaks Above Key Resistance – Top Analyst Sets $300 Target The influence of the 2024 US elections on the crypto market: Report Whales Won Millions Betting on Trump, But 86% of Polymarket Traders Have Lost Money XRP Hits October High Just Before Death Cross Warning Top Analysts Said "$100,000 in Bitcoin is Coming" and Explained Their Reasons! Binance OI at New Highs of $8.3B: Will BNB Reclaim its ATH after... 2 UK men convicted of crypto investment fraud Ethereum Roadmap Explained: The Merge, Surge, and Scourge Bitcoin is Trump’s next opportunity to beat Biden Ripple CEO Fires Shots at Gary Gensler and the Democrats Changpeng ‘CZ’ Zhao: Don’t compare me to SBF, it’s an insult Goatseus Maximus (GOAT) Skyrockets Over 48%, New ATH Looming? BREAKING: Coinbase Lists a New Altcoin in Futures Chair Gensler’s anti-innovation crypto crusade must end Interest in Bitcoin grows: Google Trends reveals the boom Bitcoin's Next Move Predicted as Market Awaits Fed Rate Decision Staking could lower fees and boost interest in Ethereum ETFs, analyst claims Pepe, Bonk, and Floki Price Analysis: Can the Rally Continue? Can US FOMC Hinder Bitcoin Price Rally To $100K? Bitcoin Market Dominance Jumps Near 60%, Raising Speculations about Altcoins Stader crypto price is nearing $1; how high can SD go? Kalshi rolls out political betting contracts for Trump presidency The Bitcoin Report: Key Trends, Insights, and Bitcoin Price Forecast Here Are the Three Most Important Charts for Crypto and Macro Right Now: Ex-Goldman Sachs Executive Raoul Pal Analyst Says Dogecoin Next Target is an 82% Uptick to Monthly Resistance at $0.34 RAY Price Prediction: A New ATH SOON? How You Can Use Bitcoin Rainbow Chart to Buy & Sell BTC Italy minister open to reviewing tax hike on cryptocurrencies Shiba Inu Rival NEIRO Skyrockets Over 18% After Coinbase Listing ERC-20 stablecoin users sent $9.3b to Binance, Coinbase Bitcoin and Altcoins Rally After Trump Win, Analyst Predicts Pullback How Far Can Cardano Price Rise in November? Ethereum OG Vinay Gupta wants to pitch Trump on bringing effective UK crypto policy to the US Michael Novogratz's Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls US Bitcoin National Defense Policy promotes 'Mutually Assured Preservation' - Lowery Ex-Alameda Research CEO to report to prison for 2-year sentence Solana Faces A Critical Challenge On The Road To The $210 Peak Dos and Don'ts: Finance Minister Explains Russia's Cryptocurrency Strategy VeChain News: VeBetterDAO App Launches with Carbonlarity’s Smart Plug – Gamify Your Energy Savings! Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin UK Lords Echo Support for Digital Assets Property Bill Trump Family-Backed Crypto Project Makes $1M Gain in ETH Following Tame Token Sale Bitcoin can go 'parabolic' with BTC price weekly close above $71.5K — Analysis Cardano (ADA) Price Prediction for November 7 Shiba Inu (SHIB) Skyrockets 7,429% in Whale Netflows, Bullish? VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid Dune Launches Dashboard Tracking $2.5B Lost to Crypto Hacks and Phishing Scams Shytoshi Kusama to Vitalik Buterin: 'Wen 10 Minute Discussion?' Dogecoin (DOGE) Loses $150 and Stays Bullish, Here's How ? The Crypto News and Ledger Giveaway is Over! 'MSTR Is Bitcoin Treasury Company': Michael Saylor Unveils Key MicroStrategy Plans In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton' Curve Finance scam app resurfaces amid fake crypto app surge Binance monthly market insights: October was a meme token mode, Bitcoin (BTC) moved with S&P 500 Coinbase premium flips positive, indicating rising bitcoin demand from US investors Analyst Predicts ‘The Final Ascent’ For Bitcoin Price, Why A Rise To $300,000 Is Possible From Here Crazy 3 Billion DOGE Acquired by Dogecoin Whales in 24 Hours Two Bitcoin whales buy $142M BTC after Trump’s win $330 billion flows into crypto market since election day MakerDAO Backs DeFi Growth With $1 Billion Tokenized Treasury Bet Chainbase Partners with Google Gemini for Data Insights Ethena Surges 30% in 24 Hours, Can $ENA Price Reach $2 Mark? Cardano (ADA) and Binance Coin (BNB): the latest price forecasts Bitcoin Is Still Heading For A High Of $93,000 Tourism Authority of Thailand and Freedom World bring Web3 tech to travel PayPal-backed Magic Link and Polygon launch a new cross-chain network aiming to bust 'blockchain silos' FED Interest Rate Decision Expected Today in Bitcoin! What Time Will It Be Announced? Here Are the Expectations and Things to Know! Google Cloud becomes main validator on Cronos blockchain ADDX and ANZ Launch Tokenized Commercial Paper Pilot with Chainlink’s Private Transaction Technology Lamborghini to open ‘Revuelto NFT’ mint with Animoca Brands, Transak Binance Founder CZ Increases Net Worth to $53 Billion After Trump Win Trump win could fast-track first staked Ether ETF — Nansen analyst Will Neiro Price Soar To $0.01 After Coinbase Listing? Top Lawyer Explains Why XRP is Worst Performing Coin in Top 10 Meme Coin Roundup: Dogecoin, Shiba Inu, and Others See Price Dips Avalanche Foundation Buys $52 Million Worth of AVAX Tokens from Defunct Luna Foundation Guard Ethereum holder turns $38K into $30M after 8 years Bank of England cuts interest rate to 4.75% as UK inflation falls below target Solana (SOL) Surges to 4-Month Peak, Inches Closer to $200 Mark The crypto marketing trap: Hiring crypto experts can backfire | Opinion Swiss bank UBS tests blockchain for cross-border payments with digital cash What's next for the crypto industry following Donald Trump's election victory? Trump Re-Election Sends NFT Market Cap Soaring by 12% New Nonstop Bitcoin ATHs Expected by Samson Mow Soon As Solana Overtakes BNB, Will SOL Cross $200 To Hit $281? Donald Trump More Likely to Pardon Jan. 6 Protestors Than Silk Road Founder: Polymarket DWFLabs Expands Holdings: Receives Another 4.14B $X After Major 89.7B $X Deposits Nethermind Unveils Ethereum L2 Surge Rollup: A Game-Changer for Developers and Builders Mysterious Shiba Inu Whale Moves Enormous 597 Billion SHIB Gensler Under Investigation as Trump Elected, Ripple Pushes for SEC Reforms Bybit teams up with Aptos for an exclusive APT Ecosystem Airdrop RWAs Gain Momentum in DeFi as Investors Seek Stability VanEck Head Researcher Says Ethereum is Oversold, Predicts Speculative Interest Will Return to Propel ETH Tron Price Could Plummet 10% If It Losses Key Support Cardano’s Uphill Battle: ADA Confronts Persistent $0.37 Resistance Neoclassic Capital Co-Founder on How Trump’s Crypto Policies Could Impact the Market XRP Lags Behind as Bitcoin Soars: Legal Troubles Weigh Down Price Elon Musk Declares Republicans' Win House Majority, DOGE To $10? NEIRO’s 20% Rally Sparks Strong Investor Sentiment, No Immediate Sell-Off in Sight German Chancellor Scholz Calls Snap Election as Coalition Government Collapses Who’s in line to replace Gary Gensler at the SEC? Time to Accumulate ETH Instead of Selling: Tron Founder Justin Sun Trump victory may pave way for $100K Bitcoin by end of 2024 Bitcoin ‘Playing as Predicted’ as Analysts Eye $85K After $71K Retracement Altseason Set to Begin: What to Expect from November 2024 to March 2025 L2 Ethereum Network Taiko Sees Massive 1,000% TVL Surge Crypto Lawyer Jake Chervinsky Reveals Candidates to Replace SEC Chairman Gensler! Here Are the Details Crypto Market FOMO Intensifies as Trump’s Victory Boosts Prices Was the Ripple Leaders Political Discord a Planned Strategy? Expert Predicts 11 Possible Events That Could Impact XRP and Ripple in the Next 3 to 9 Months Ordify Joins VanarChain Ecosystem, Expanding Tools for Cross-Chain Fundraising and Asset Management Bitcoin (BTC) Still Far From Peak Levels: CryptoQuant Binance Shares Major Alert for ETH, TRX, AVAX Withdrawals Runestone’s Leonidas Asks Coinbase For Fair Listing for $DOG Breaking: Boxing Legend Mike Tyson Becomes NAGA Group’s Brand Ambassador Can a Channel Breakout Propel PEPE Past $0.000017 to a New All-Time High? JUST IN! Binance Announced Listing of a New Memecoin, Price Soared! MicroStrategy’s Bitcoin Bet Outperforms Ford’s Cash Reserves Amid Inflation Hong Kong’s HashKey announces new launch date for HSK native token Why XRP and Dogecoin Could Surge Massively, Expert Highlights Potential Triggers Binance Coin BNB at $600 Crossroads, Targets New ATH Above $720 Akurateco Hits 10% Crypto Payments with CryptoProcessing by CoinsPaid Benjamin Cowen Issues Bitcoin Alert, Says Potential Plunge ‘That Scares People’ Incoming – Here’s His Outlook Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares These Alts Surge by Double Digits as Bitcoin (BTC) Calms After New All-Time High (Market Watch) Will Solana Price Reach $300 After Outpacing BNB Coin? China Sets Legal Precedent in $111M Crypto Money Laundering Bust Binance Futures Adjusts Leverage and Margin for XRPUSDT: Key Updates for Traders XRP Performs Massive Comeback: Details Ethereum Launches Mekong Testnet for Pectra Fork: Explore Key EIPs and UX Improvements How far is Wall Street from fully embracing Bitcoin now that Trump is president? SEC’s Mark Uyeda has high chance of becoming next chair — Lawyer Bitcoin to benefit from Trump presidency and MicroStrategy's plan: JPMorgan Aptos [APT] Indicates Possible Bullish Resurgence Following Key Fibonacci Range Retest and On-Chain Activity Growth Why Ethereum Dominates the Blockchain Space Units Network Commences Collaboration with Eywa Protocol for Cross-Chain Liquidity Kenya Collected $77.5M in Crypto Taxes — $465M Target Next, Exchanges in Focus Bitcoin: record price for BTC on CoinMarketCap Bitcoin preps FOMC reaction as BTC price coils below new $76.5K record Ethereum price, whale activity reach 3-month high amid bull run BitBoy Says XRP Price to Pump Hardest in Top 100 Cryptos if Trump Does This Poland puts Crypto.com’s operator on warning list Bitcoin (BTC) Should Top at $150K in September, Brandt Predicts Milady Meme Coin (LADYS) Eyes 333% Gain as New Logo and Roadmap Unveiled ICP Tops GitHub 6-Month Activity, Outshining Rivals Like CAKE and BTC! Lido DAO emerges as top gainer on the back of whale accumulation Ethereum (ETH) Price Surges 10% to Three-Month High 3 Ethereum Addresses Dormant for Over 8 Years Sell 44,706 ETH Amid Latest Price Surge Will Dogecoin Price Soar Over $10 As Famous Pattern Re-Emerges MSTY vs MSTX vs MSTU: Which is the better MicroStrategy ETF? Bitcoin Price Pushes Rally Further: Bulls in Full Force Aerodrome Finance analysis: crypto pro sees AERO token surging 10x This Metric Points to Rotation From Gold to Bitcoin Solana (SOL) Rallies Strongly, Setting Sights on $200 AAVE price prediction: crypto pros see more gains ahead Former Employee's Hidden Code Turns Workplace Into Crypto Mine Raydium price analysis: Will this Uniswap competitor surge to $10? Polkadot vs. Cardano: Which Altcoin Will Lead the Next Bull Run? Peter Schiff Says Bitcoin Is 'Anti-Gold,' Here's Why Can Shiba Inu Price 4X With Massive 7,000% Whale Accumulation Will DOGE Price Soar Over $10 As Famous Pattern Re-Emerges Elon Musk’s net worth soars by over $20 billion after Trump win Ethereum set for a ‘monster rally’ as price nears $2.9K Bitcoin Fed Preview: Powell's Take on 'Trump Tariffs' Eyed Amid Anticipated 25bps Fed Rate Cut Ether Surges 10% as Trump Victory Brings Back DeFi Bullishness Ethereum ETF inflows clock six-week high as ETH pumps 10% Web3 Gaming Hype Fizzles: Developer Blames Unrealistic Expectations Wintermute proposes fee switch for Ethena’s sENA holders Bitcoin Surges To Fresh High Above $76,000 After Trump Secures Victory Play Games, Earn Bitcoin: The Best iOS and Android Games That Pay You BTC Here’s How Shiba Inu Can Reach $0.01 if Ethereum Founder Vitalik Buterin Considers This Move New Bitcoin ATH Indicates Room for More Growth, Says CryptoQuant Ethereum Staking Surges as Exchange Reserves Hit Record Lows: Bullish Signal for ETH? What Next For Bitcoin After Trump Win? Traders Look to Fed Rate Cuts For Bullish BTC Move Wintermute proposes fee switch for Ethena’s sENA holders Trump memecoin massacre: Tokens plummet 50% after US election victory Bitcoin open interest tops chart after hitting $75K ‘sweet spot’ MOG Price Jumps 8%, Approaching Key Resistance: What to Expect? XRP eyes $0.6640 as Ripple CEO tips Trump to fire Gensler on first day in office Increased demand and heightened volatility signal further upside for Bitcoin – Glassnode Solana (SOL) Paints 'God Candle': Price Nears $200, Ethereum (ETH) Paints New Hidden Pattern, Dogecoin (DOGE) Secures Yearly High WazirX announces plans to launch DEX amid fallout from record crypto theft Crypto Market Liquidations Reach $562.87 Million in 24 Hours Amid Volatile Trading Memecoins Surge During Election Season: DOGE, ELON, MAGA, and DJT Dominate Trending Tokens Just In: US SEC Files Motion for Judgment Against Kraken, Challenges Key Defenses Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners Pumpfun Sells Another $6.77M SOL Holdings As Solana Price Surges 10% French authorities may ban Polymarket soon Deutsche Bank Unveils Project DAMA 2 at Singapore FinTech Festival 2024 Major Boost for Crypto as Pro-Blockchain Candidates Dominate 2024 Election Races 11 Promises US President Donald Trump Made To Bitcoin and Crypto Industry Ripple CLO Reveals How Donald Trump Can Make US The Crypto Capital US Election Results a Validation on Prediction Markets, Crypto Experts Say FTX co-founder Gary Wang seeks to avoid prison time ahead of sentencing The survival crisis of 75% memecoins despite 22% rise Blue chip DeFi gets repriced in the post-election period, awaiting a new regulatory climate