Over 153 Million USDT Transferred from Bitfinex to Kraken

Over 153 Million USDT Transferred from Bitfinex to Kraken

A large transaction involving 153,629,186 USDT (stablecoin pegged to USD) was executed between Bitfinex (crypto exchange) and Kraken (US-based crypto exchange).

USDT

Fact Check
The statement that approximately 153 million USDT was transferred from Bitfinex to Kraken is strongly supported by direct blockchain monitoring data from Whale Alert’s website and official Telegram feed. Both serve as highly relevant, near-primary sources that automatically record and publicly display on-chain movements from exchange wallets, providing authoritative and verifiable transaction records. The data explicitly documents a large-scale USDT transfer matching the described parameters, making the evidence consistent and directly supportive of the claim. Additional contextual sources such as market volume datasets and Reddit commentary do not contradict but also do not materially affect the claim’s verification. Given the high authority and consistency of the Whale Alert sources, the probability that the transfer occurred as stated is very high.
Summary

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Terms & Concepts
  • USDT: A stablecoin issued by Tether that is pegged 1:1 to the U.S. dollar, widely used for trading and liquidity.
  • Bitfinex: A major cryptocurrency exchange known for its deep liquidity and close association with Tether.