A post by @whale_alert on X.

A wallet of unknown ownership moved 149.7 million USDT, worth roughly $149.63 million, to the Bitfinex exchange on Ethereum, according to Whale Alert. The transfer is notable for its size, representing a large single inflow of the stablecoin into a major trading venue. Large USDT deposits to exchanges are often watched as a signal of potential buying power, though the funds may also be used for trading, collateral or withdrawals. The transaction hash was published by the tracker, allowing on-chain verification of the movement. Traders will watch whether the deposit is followed by increased spot or derivatives activity on Bitfinex and whether the stablecoin supply is deployed into other assets.