The move involved 150,000,000 USDT, valued at $149,827,500, in an on-chain transfer from the issuer’s treasury wallet to the exchange.
Tether Treasury moved 150,000,000 USDT to Bitfinex in an on-chain transaction valued at $149,827,500. The transfer links the stablecoin issuer’s treasury wallet with the crypto exchange and may be watched by traders for potential implications for exchange liquidity, inventory management, or internal fund movements, though the transaction notice itself gives no stated reason for the transfer.