Tether · U.S. Treasury · Crypto Briefing
Tether receives $223 million USDT transfer from Bitfinex
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A 222.7 million USDT move from Bitfinex to the Tether Treasury fits a busy month of internal transfers between the sister companies.
Key facts
- On October 28, four USDT transfers between Bitfinex and Tether totaled $765.3 million
- The October 28 cluster alone moved $765.3 million in three hours
- That batch included a 281.8 million USDT move and a 124.3 million USDT move
- Bitfinex sent 222.7 million USDT to the Tether Treasury, according to on-chain tracker Whale Alert
Summary
Bitfinex sent 222.7 million USDT to the Tether Treasury, according to on-chain tracker Whale Alert. On October 28, four USDT transfers between Bitfinex and Tether totaled $765.3 million. That batch included a 281.8 million USDT move and a 124.3 million USDT move. Before that, a 140 million USDT transfer took place earlier in October.