Cryptopolitan
2024-01-28 15:41:14

Tether Treasury initiates massive transfer of USDT tokens to Bitfinex

Tether’s Treasury substantially transferred USDT tokens to the well-known exchange, Bitfinex. The transaction, valued at approximately $229,956,875 at the time of disclosure, involved a staggering 230,000,000 USDT tokens. While not entirely unusual for Tether, this move has drawn considerable attention due to its sheer volume and potential implications for the broader crypto market. Liquidity management

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