A post by @whale_alert on X.

A wallet of unknown origin moved 108 million USDT, valued at roughly $107.97 million, to the Bitfinex exchange, according to Whale Alert. The transfer represents a sizable stablecoin inflow to a centralized venue, a signal traders often watch for potential buying power or liquidity positioning. The sending address remains unidentified, leaving open whether the funds reflect a large holder preparing to trade, a routine exchange transfer, or an over-the-counter settlement. With the tokens already sitting on Bitfinex, the key question is whether the deposit precedes spot purchases or is simply parked as dry powder. Market participants will watch Bitfinex order books and broader USDT flows for follow-through.