Gate News bot message, data shows that a new cryptocurrency wallet with the address "bc1qt4" has withdrawn 1,130 BTC, equivalent to $116.6 million, from centralized exchanges within a 9-hour period.
Gate News bot message, Tether and Circle have conducted significant stablecoin burns in the past 6 hours, with a combined value of $1.5 billion.
Specifically, Tether completed a $1 billion USDT burn on the Ethereum network, while Circle executed a $500 million USDC burn on the Solana network.