According to Spot On Chain monitoring, Tether Treasury injected 1.845 billion USDT into Ethereum exchanges in the past 12 hours.

• Invested 1.706 billion US dollars in Binance

• Invested 101.7 million US dollars in Coinbase

• Invested 20 million US dollars in OKX

• Invested 17.86 million US dollars in Kraken

It is worth noting that this injection was made after Ethereum minted 2 billion USDT and Tron destroyed 1 billion USDT at Tether Treasury last night.