Tether Treasury moved 130 million USDT to Bitfinex at around 6 p.m. on the 17th, according to blockchain tracker Whale Alert. The transfer was valued at about 20.7 billion yen in the source. Large treasury-to-exchange stablecoin transfers are closely watched by crypto traders because they can signal liquidity positioning, exchange funding, or preparation for customer demand, though the transaction's specific purpose was not stated.