A post by @whale_alert on X.
150,000,000 $USDT (149,822,850 USD) transferred from #Bitfinex to Tether Treasury…
@whale_alert on X
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A transfer of 150 million USDT worth roughly $149.8 million moved from crypto exchange Bitfinex to the Tether Treasury, according to on-chain tracking by Whale Alert. The transaction shifts a nine-figure stablecoin balance from an exchange wallet into Tether's own treasury address, a flow that typically precedes new issuance or redemption activity. The move matters because Tether's supply changes can signal shifts in stablecoin liquidity available to crypto markets. Traders will watch whether the Treasury subsequently mints and distributes fresh USDT to exchanges, which would point to new fiat inflows, or holds the balance in reserve.
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Named in this story
USDT, Bitfinex, Tether