According to recently processed and published data from IntoTheBlock, only 115 USDT holders manage up to 56% of the total circulation of this stable token. The statistics are based on the addresses of whales and investors, taking into account what percentage of the circulating supply they own. Whales will show up if they own more than 1% of the circulating supply , as far as investors are concerned, they hold the usdt in the range of 0.1% – 1% of the circulating supply .
Another striking finding is that only 9 whales control up to 28.89% worth $ 1.62b USDT. Compared to investors addresses, this is a big difference, with 106 investor addresses checking 27.11% worth $ 1.52b USDT.
Tether is also under great criticism for regular printing of tokens and increasing circulation. For example, last month alone, it pushed out $ 1.58 billion, which the WhaleAlert platform informed us about.