Narrative
Hook: Tether (USDT) outbound fanout (starburst) with 22,960 txs in 1 hour; top peer share 4%. What happened: Tether sent USDT to 12,316 unique peers in an hour, with the top peer receiving 4.375% of the volume. Why it matters: This suggests a large-scale distribution of USDT, potentially indicating market positioning or liquidity provision. Receipts: 22,960 txs, 12,316 peers, top peer share 4.375%. How to verify: Check the distribution of USDT across peers; confirm the top peer's activity; re-run the analysis over the last 30 days.