120M $USDT (≈119.9M) moved from #Bitfinex to Tether Treasury.
Frequently asked questions
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What is the significance of the $120M transfer to Tether Treasury?
The transfer may indicate a strategic move by Bitfinex to manage liquidity or bolster Tether's reserves.
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How often do large transfers like this occur between Bitfinex and Tether?
Such transfers are not uncommon, as they are part of the operational dynamics between exchanges and stablecoin issuers.
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