Tether Treasury deposited 1.845 billion USDT to Ethereum exchanges in the last 12 hours

According to Spot On Chain, in the past 12 hours, Tether Treasury deposited 1.845 billion USDT to exchanges on Ethereum.
Binance: 1.706 billion
Coinbase: 101.70 million pieces
OKX: 20 million pieces
Kraken: 17.86 million
Notably, this injection comes after Tether Treasury minted 2 billion USDT on Ethereum last night and destroyed 1 billion USDT on Tron. Over the past year, Tether has issued 37 billion USDT on Ethereum and Tron.