Exchanges· ★★· neutral·

Bitfinex receives $213.6 million USDT transfer from unknown wallet

  • —213,600,000 USDT transferred from an unknown wallet to Bitfinex
  • —The transaction was flagged by Whale Alert
  • —Large stablecoin inflows to exchanges are often read as preparation for buying
Why it matters: A large stablecoin inflow to an exchange can signal pending trades and rising volatility.
#USDT
Source: Coinfomania
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