Elwood received 52 million USDC from Circle, which he later deposited into Binance and converted into USDT

BlockBeats reported that on August 13, according to monitoring by The Data Nerd, Elwood, a cryptocurrency trading execution and risk management platform owned by hedge fund manager Alan Howard, received 52 million USDC from Circle three hours ago, and then deposited all the USDC into Binance and exchanged them for USDT.