A post by @whale_alert on X.
116,025,025 $USDT (115,891,163 USD) transferred from #Bitfinex to Tether Treasury
@whale_alert on X
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Tether Treasury received 116,025,025 USDT (about $115.89 million) from crypto exchange Bitfinex in a single on-chain transfer flagged by Whale Alert. The movement shifts a nine-figure stablecoin balance from an exchange wallet back to the issuer’s treasury rather than to an external counterparty. Because Bitfinex and Tether share ownership ties, the transfer may reflect routine treasury rebalancing or preparation for new issuance and redemption activity rather than directional trading. Traders typically watch such treasury inflows alongside subsequent USDT minting or burns to gauge whether fresh stablecoin supply is entering circulation.
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Named in this story
USDT, Tether, Bitfinex, Whale Alert