Ten Crypto Transfers Total $2.29 Billion in Three Hours on Oct. 29

A $499.8 million Tether (USDT) transfer from Tether Treasury to Binance led 10 large crypto movements worth $2.29 billion through 2 p.m. ET Thursday, Oct. 29, with more value moving from unknown wallets to exchanges. The activity ran from 11 a.m. to 2 p.m. ET. Tether Treasury sent 500 million USDT, worth $499.8 million, to Binance at 1:40 p.m. ET. Binance moved the same amount, valued at $499.6 million, to Tether Treasury at 12:39 p.m. ET. Bitfinex sent 230 million USDT, valued at $229.8 million, to Tether Treasury at 1:11 p.m. ET.