Tether froze 72 million USDT on a Tron address.
Tether has frozen 72 million USDT on an address in the Tron network, according to Colin Wu, citing on-chain detective ZachXBT. The researcher noted that on June 11, the wallet received 120.2 million USDT.
ZachXBT linked the address to significant Monero purchases, which saw XMR rise from $330 to $420. He also reported that over $12 million was transferred from the wallet to KuCoin deposit addresses, $8 million to instant exchanges, and another $8 million to Bitcoin and Ethereum.
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