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3 Minute Sportsbook Payouts at BetOnline! Whales Move USDT 110,000,000 in 1 Hour

Written by:
Aaron Goldstein
Published on:
Jul/20/2020

Talk about fast online sportsbook payouts, one customer of BetOnline reported via Twitter he received his within - drum roll please - three minutes.

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The customer tweeted:

"Thanks Dave! Btw, from the time I submitted a withdrawal, to the time bitcoin hit my wallet, took only 3 minutes! You guys did a friggin amazing job w the withdrawal process!"

This individual utilized Bitcoin to receive his payout.  Cryptocurrencies are now the most popular method for receiving payouts from online gambling sites operating in restrictive regions of the world, including the United States.  Some sites report upwards of 80 percent of their clients deposit and receive funds using this method.

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Tether Whales Move USDT 110,000,000 in 1 hour

Tether whales moved 110 million USDT from different crypto exchanges to different wallets in less than an hour between 3.35am GMT and 4.25am GMT on Monday morning.

These massive transactions were captured by Whale Alert, an advanced blockchain tracker and analytics system.

Tether, a blockchain-based cryptocurrency, is ranked the 3rd largest digital coin by market cap of $9.169 billion.

Data from a crypto analytic firm Coinmarketcap reveal that its total supply presently stands at about 9,479,177,442 USDT.

- Aaron Goldstein, Gambling911.com

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