Whale Alert: Another Address with Approximately 175 Million USDT Frozen

TechFlow reported on October 30 that, according to Whale Alert monitoring, at 05:31 Beijing Time, an address with a balance of approximately 174,999,872 USDT (about $175 million) was frozen. After the freeze, USDT in the address cannot be transferred out.

TechFlow previously reported that multiple large USDT addresses were frozen in the early hours of today, while Binance said it was investigating a suspected security incident. The identity of this address and the reason for the current freeze have not yet been disclosed, and it cannot be confirmed whether they are related to the aforementioned incident. TechFlow will continue to monitor developments.

Source: TechFlow