121.6M $USDT Transferred from #Bitfinex to Tether Treasury

Frequently asked questions

1. What is the significance of the $USDT transfer from Bitfinex to Tether Treasury?

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   The transfer of $121.6M from Bitfinex to Tether Treasury may indicate a liquidity adjustment or a strategy to back the stablecoin's reserves.

2. How often do such large transfers of $USDT occur between exchanges and Tether Treasury?

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   Large transfers of $USDT between exchanges and Tether Treasury happen periodically, reflecting market demand and liquidity needs.