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Bitfinex Receives 100.98 Million USDT From Unidentified Wallet

Bitfinex Receives 100.98 Million USDT From Unidentified Wallet

Photo: TokenPost

Bitfinex received 100,980,000 Tether (USDT) from an unidentified wallet on Oct. 20. Large stablecoin transfers into exchanges draw attention because USDT is widely used in crypto trading. Tether issues USDT, a stablecoin used for trading and liquidity across crypto markets. Bitfinex is a crypto exchange with substantial USDT activity, making the destination of a transfer this size relevant to traders tracking stablecoin flows. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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