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Oct. 26, 2018

Tether withdraws another 100 million USDT from circulation on the Bitfinex exchange and placed in the Tether wallet.

Bitfinex balance was only $3 million but is growing again due to the receipt of new deposits, the number of which has increased to about $7 million. The USDT is still in circulation on other exchanges, with about 700 million contained in Binance wallets.

The share of USDT in BTC trade has decreased by approximately to around 44% from a peak of nearly 60% in the past weeks. The USDT represents about 18% of all transactions in the cryptocurrency market.

It became known earlier that Tether removed nearly 500 million USDT assets.

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