On December 20, 2024, notable cryptocurrency transactions were reported, including a series of large transfers involving Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). A total of 49,910 ETH, valued at approximately $170 million, was deposited into Binance, while $137.8 million worth of stablecoins were withdrawn from the platform within eight hours. Additionally, significant transfers included 260,641,100 USDT (approximately $260.2 million) from Bitfinex to Tether Treasury, and 287,800,000 USDT (around $287.8 million) transferred from Cumberland to an unknown wallet. Other notable movements included 275,747,359 USDC (approximately $275.7 million) and 262,080,000 USDC (about $262 million) transferred to Coinbase from unknown wallets. The day also saw the minting of 50,000,000 USDC by the USDC Treasury, marking a substantial inflow into spot exchanges, which totaled 1,239,576,573 USDC, the largest single transaction in over six months.