$USD1 $TRUMP According to data from Arkham, the largest wallet holding the stablecoin USD1 (from the World Liberty Fi project) recently transferred 200 million USD1 to the Binance exchange. Notably:
Dominance scale: This wallet currently controls 80% of the total supply of USD1, equivalent to 2 billion USD (pegged 1:1 to USD).
Concentration concerns: The fact that an individual/entity holds a large portion of the supply may pose risks of price manipulation or liquidity.
Movement analysis
🔹 Feasible scenario:
Preparation for selling: If the entire 200 million USD1 is sold, selling pressure may cause the stablecoin to lose its peg.
Capital rebalancing: Transferring money to Binance to participate in trading/yield opportunities.
Signs of withdrawal: World Liberty Fi has not commented, but the community suspects that the whale is gradually reducing risk exposure.
🔹 Risk with USD1:
Decentralization: The stablecoin is dominated by a single wallet, which goes against the crypto philosophy.
Capital assurance: It is unclear what the collateral asset reserve mechanism of USD1 is.
