A $506.4 Million Tether USDt Transfer Led $1.43 Billion in Whale Moves
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Five large crypto transfers worth $1.43 billion occurred in the three hours through 10:01 p.m. ET Wednesday, Nov. 4, as exchange outflows exceeded deposits by $156.2 million. An unknown wallet transferred 506,643,373 Tether USDt (USDT), worth $506.4 million, to another unknown wallet at 7:36 p.m. ET. It was the largest of the five moves. Binance sent 500,000,100 USDT, valued at $499.9 million, to an unknown wallet at the same time. At 9:24 p.m. ET, unknown wallets sent 2,140 Bitcoin (BTC) worth $172.7 million and 2,119 BTC worth $171 million to CryptoCom. The transfers into the exchange totaled $343.7 million. Earlier, at 7:51 p.m. ET, Bitfinex sent 999 BTC worth $80.6 million to Kraken.
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