115.4 Million USDT Transfer to Bitfinex Leads $227.9 Million in Whale Moves

Crypto wallets sent $175.6 million in Bitcoin and USDT to exchanges during a three-hour period ending at 8:08 a.m. ET Oct. 28, more than the $52.2 million transferred out. The three transfers totaled $227.9 million. The largest was 115.4 million Tether (USDT), valued at $115.3 million, sent from an unknown wallet to Bitfinex at 8:03 a.m. ET. At 6:21 a.m. ET, 740 Bitcoin (BTC) worth $60.3 million moved from an unknown wallet to FalconX. At 7 a.m. ET, 640 BTC valued at $52.2 million moved from Coinbase Institutional to an unknown wallet.