129.1 Million USDT Transferred From Kraken to Bitfinex

A large USDT transfer worth about $129.2 million moved between the Kraken and Bitfinex cryptocurrency exchanges, according to the provided transaction alert.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • USDT: A stablecoin issued by Tether that is designed to track the value of the U.S. dollar.
  • Cryptocurrency exchange: A platform such as Kraken or Bitfinex where users can trade digital assets.
  • Stablecoin: A cryptocurrency designed to maintain a relatively stable value, often linked to a fiat currency.