Following a continued sign of bearish activity on the cryptocurrency market, almost 167 million worth of USDT was recently transferred by an anonymous whale and Binance exchange. $167M USDT Moved by Anonymous Whale to Private Wallet According to data provided by major crypto tracker Whale Alert, over the past five hours, 167,440,939 USDT worth $167,440,939 million have been shifted by an anonymous whale from Binance crypto exchange to a private wallet. The reason behind those transactions remains undisclosed. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 167,440,939 #USDT (167,440,939 USD) transferred from #Binance to unknown wallethttps://t.co/9YvaDWGBm0 — Whale Alert (@whale_alert) March 12, 2022 Over the past months, global asset markets remained highly impacted by Russia’s invasion of Ukraine, with Bitcoin’s price showing continued displaying bearish structure on the daily chart. While Bitcoin (BTC) has remained volatile in the past few days, long-term investors seem to be using the current weakness to buy. According to data from Whale Alert, about 30,000 BTC left Coinbase and was deposited in an unknown wallet.