ZachXBT: The address frozen by Tether containing 72 million USDT is linked to the address that received 120 million USDT yesterday.

CoinFeed reported on June 12th that, according to ZachXBT monitoring, on June 11th, an address starting with TA6YHq received 120.2 million USDT on the Tron blockchain, subsequently transferring over $12 million to a Kucoin deposit address and $8 million to several instant exchanges. This entity created a Monero order, causing its price to briefly surge from $330 to $420. Additionally, over $8 million was transferred from Tron to Bitcoin and Ethereum via Near Intents. Minutes earlier, Tether froze 72 million USDT in an address starting with TBzrPE directly associated with TA6YHq.