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120M $USDT Transferred from #Bitfinex to Tether Treasury

120M $USDT (≈119.9M) moved from #Bitfinex to Tether Treasury.

120M $USDT (≈119.9M) moved from #Bitfinex to Tether Treasury.

Related tokens
$USDT

Frequently asked questions

  1. 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.

  2. 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.

Source attribution
Aggregated from Whale Alert · Verified · Last refreshed 46d ago
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