PYUSD Transfer Leads $450 Million in Three-Hour Crypto Moves

Four crypto transfers totaling $450 million were recorded in the three-hour window ending at 11 a.m. ET Friday, with $215 million directed to exchanges and the largest move between unknown wallets. At 10:57 a.m. ET, 235 million PYUSD valued at $235 million moved from one unknown wallet to another. The transfer was recorded as moving between two unknown wallets. The three exchange-bound transfers accounted for $215 million. At 8:20 a.m. ET, an unknown wallet sent 108.2 million USDT worth $108.2 million to Bitfinex. At 10:56 a.m.