Most USDT activity on Ethereum shifts to European and American office hours
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A new report shows that USDT activity on the Ethereum blockchain has shifted from Asian office hours to European and US office hours, possibly due to China’s crackdown on cryptocurrency trading and the migration of USDT users to other blockchains. The report said that last year, most of the USDT activity on Ethereum occurred between 2:00 and 14:00 UTC (10:00 to 22:00 Beijing time), with the busiest period being 6:00 to 8:00 UTC (14:00 to 16:00 Beijing time). However, this year, there is less usage between 2:00 and 6:00 UTC (10:00 to 14:00 Beijing time), and more usage between 15:00 and 20:00 UTC (23:00 to 04:00 Beijing time). |
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