According to Wu's report, on-chain analyst @ai_9684xtpa has monitored that Tether transferred 632 million $USDT to Cumberland DRW in the past 13 hours. In the last three days, the total amount of $USDT transferred from Tether Treasury to DRW has reached 1.18 billion USDT. Cumberland DRW is one of the important market makers for Binance, with approximately 79% of the $USDT issued to Cumberland being sent directly to Binance. Since November, nearly 3 billion ERC20 $USDT have been newly issued.