A post by @whale_alert on X.

Whale Alert reported a transfer of 400 million USDT, worth roughly $399.87 million, from Binance to the Tether Treasury. The movement shifts a large stablecoin balance off the exchange and back to the issuer’s treasury wallet. It matters because large Binance-to-Tether transfers are often watched as a signal of stablecoin supply management, redemption activity, or liquidity repositioning ahead of future issuance. Traders will watch whether the Treasury subsequently mints new USDT or routes the balance onward, and whether the transfer coincides with shifts in exchange stablecoin reserves.