Coinbase Sees 83.7 Million USDT Net Outflow in One Hour

Coinbase saw 83,702,400 Tether USDt (USDT) leave the exchange on a net basis over one hour, providing a short-window measure of token movement on the platform.

The net flow totaled about 83.7 million USDT. The asset is designed to track the dollar, but its exchange price can differ from $1, so the token count does not by itself establish an exact dollar value.