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.