A post by @whale_alert on X.
116,055,973 $USDT (115,926,744 USD) transferred from #Bitfinex to Tether Treasury
@whale_alert on X
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A transfer of 116,055,973 USDT, valued at roughly $115.93 million, moved from the Bitfinex exchange to the Tether Treasury, according to on-chain tracker Whale Alert. The transaction shifts a nine-figure stablecoin balance from a major trading venue into Tether's own treasury address, a flow market participants often monitor for signs of upcoming issuance or redemption activity. The move matters because Tether treasury inflows can precede fresh USDT minting that adds liquidity to crypto markets, though the direction of the transfer alone does not confirm new supply. Traders will watch whether the treasury follows with a mint or burn, and whether the released or absorbed liquidity shows up in exchange inflows and broader stablecoin supply data.
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Named in this story
USDT, Bitfinex, Tether