ZachXBT Tracks $120M USDT Transfer as Tether Freezes $72M

• A Tron wallet received 120.2M USDT before rapidly moving funds across platforms. 
• Tether froze 72M USDT after ZachXBT flagged suspicious fund movements. 
• A single buyer drove XMR over 25%, sending Monero from $330 to $430.

A single Tron address received 120.2 million USDT on June 11 and immediately began distributing funds across multiple platforms. 

Blockchain investigator ZachXBT traced the activity and flagged it publicly. Later, Tether blacklisted a related address holding 72 million USDT, effectively freezing the remaining funds on-chain.

How the Money Moved

The entity moved capital quickly across several routes before Tether acted:

• Over $17.5 million transferred to KuCoin deposit addresses
• $8 million sent to instant exchange services
• Another $8 million bridged from Tron to Bitcoin and Ethereum via Near Intents

Alongside these transfers, …

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