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172.7M USDT stablecoins moved to Bitfinex, signaling potential large crypto trade.

Market News
02 Nov 2026, 17:29 WIB
Tokenpost
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172.7M USDT stablecoins moved to Bitfinex, signaling potential large crypto trade.

A transfer of 172.7 million Tether (USDT) stablecoins, worth about $172.6 million, was made from an unknown wallet to the Bitfinex exchange on November 2. USDT is commonly used in crypto trading for liquidity and as a stable asset. While the transfer shows a large movement of tokens to Bitfinex, it does not confirm if these tokens were sold or traded. This movement could indicate upcoming significant trading activity on the exchange.

Tether USDT token movement is the subject, with Pluang market data providing context. For readers following cryptocurrency markets, as of Nov 02, 2026 22:01 WIB, 6 of 50 major cryptocurrencies rose while 43 fell. Notable movers include YFI at Rp35.420.568 with a -3.75% change and 73% sell order activity, LUNC at Rp0,759 with a -3.37% change and nearly balanced order activity, and CAKE at Rp34.604 with a -3.11% change and 94% buy order activity.

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