Six Large Crypto Transfers Total $595.9 Million in Three Hours

Six large crypto transfers totaling $595.9 million were recorded in the three hours through 11 a.m. ET (15:00 UTC) Oct. 15, with more value moving into exchanges than out in transfers involving unknown wallets. The largest listed move sent 131.4 million Tether (USDT), valued at $131.3 million, from an unknown wallet to Bitfinex at 8:12 a.m. ET (12:12 UTC). Across transfers involving unknown wallets, $304.1 million moved into exchanges, while $189.9 million moved from exchanges to unknown wallets. At 10:18 a.m. ET (14:18 UTC), Binance sent 102,048,246 USDT worth $101.9 million to Ceffu. Coinbase Institutional received 1,239 Bitcoin (BTC) worth $99.9 million from an unknown wallet. At the same time, it sent 1,215 BTC worth $98.7 million and 38,912 Ether (ETH) worth $91.2 million to unknown new wallets.

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