Five Transfers Total $873.2 Million as 270 Million Tether (USDT) Goes to Bitfinex

Five large crypto transfers valued at a combined $873.2 million took place in the three hours ending at 4:01 p.m. ET on Monday, Nov. 2, led by a 270 million Tether (USDT) transfer to Bitfinex. An unknown wallet sent $269.6 million to Bitfinex, while another sent $149.9 million to Aave; $54.1 million moved from Coinbase Institutional to an unknown wallet. The transfers show where assets moved, but do not establish what the wallet owners intended. At 1:14 p.m. ET, 149,998,997 USDT, valued at $149.9 million, moved from an unknown wallet to Aave.