112 Million USDT Moves to Bitfinex as Three Transfers Reach $222.6 Million

An unknown wallet sent 112 million Tether USDt (USDT) to Bitfinex on Oct. 20, leading three large crypto transfers worth $222.6 million in a three-hour period. The Bitfinex transfer occurred at 2:11 p.m. ET (18:11 UTC) and was valued at $111.9 million. The tally covered the period ending at 5:05 p.m. ET (21:05 UTC). At 2:26 p.m. ET (18:26 UTC), an unknown wallet sent 24,544 Ether (ETH), worth $60.2 million, to Beacon Depositor. At the same time, another unknown wallet sent 610 Bitcoin (BTC), valued at $50.5 million, to Coinbase Institutional. The three transfers totaled $222.6 million in exchange inflows.