<ul><li>About 75% of the USDT sent to Binance since November 2023 has originated from whale wallets.</li><li>Large crypto holders prefer using Binance for USDT transactions due to the platform's appeal.</li><li>Daily USDT withdrawals from exchanges decreased from 65,000 in March to 42,600 by the end of May.</li><li>Whales have been major contributors to USDT deposits on Binance, indicating their dominance in the market.</li></ul>

Inflows to USDT Wallets on Binance Are Mostly from Whales Since Late 2023

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