134.7 Million USDC Transfer Leads $489.6 Million in Crypto Moves

Five large crypto transfers totaling $489.6 million were recorded over three hours on Oct. 13, with tracked exchange outflows exceeding inflows during the period. The largest movement involved 134,607,973 USD Coin (USDC), valued at $134.7 million, transferred from USDC Treasury to an unknown wallet at 12:57 p.m. ET (16:57 UTC). Across the five transactions, $210.3 million moved out of exchanges, while $169.3 million moved into exchanges from unknown wallets. The other transfers included 113.2 million Tether (USDT) worth $113.2 million moving from an unknown wallet to Bitfinex at 12:26 p.m.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.