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$175.6M in Bitcoin and USDT sent to exchanges in 3 hours, signaling possible selling activity

Market News
28 Oct 2026, 18:03 WIB
Tokenpost
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Neutral
$175.6M in Bitcoin and USDT sent to exchanges in 3 hours, signaling possible selling activity

Within a three-hour window ending at 8:08 a.m. ET on October 28, crypto wallets transferred $175.6 million worth of Bitcoin and Tether (USDT) to exchanges, exceeding the $52.2 million moved out. Notable transfers included $115.3 million USDT to Bitfinex and 740 BTC ($60.3 million) to FalconX. Transfers to exchanges often indicate potential selling, while transfers away suggest holding, though these movements do not confirm actual sales or intentions. This activity highlights significant crypto asset movement that investors may watch for market signals.

The story on a large USDT transfer to Bitfinex provides context for crypto market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 28, 2026 22:22 WIB: 38 of 50 major cryptocurrencies rose today. Polkadot (DOT) traded at Rp18.302 with a 1-day change of +2.50%, and Pluang order activity showed 96% Buy.

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