The on-chain move involved 150,000,000 USDT, valued at $149,873,325, in a transfer from Bitfinex to Tether Treasury.
A transfer of 150,000,000 USDT worth $149,873,325 was recorded moving from Bitfinex to Tether Treasury. Such treasury transfers are commonly watched by crypto market participants because they can relate to stablecoin inventory management, including issuance, redemption, or internal reserve operations, though the post itself only identifies the movement between the two wallets.