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170M USDT moved from Tether Treasury to Bitfinex; trading use unclear

Market News
04 Nov 2026, 03:43 WIB
Tokenpost
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Neutral
170M USDT moved from Tether Treasury to Bitfinex; trading use unclear

On November 3, a transfer of 170 million USDT, valued at about $169.9 million, was made from Tether Treasury to the cryptocurrency exchange Bitfinex. USDT is a stablecoin pegged to the US dollar, and Tether Treasury is responsible for issuing it. The purpose of this transfer, including whether it was used for trading or affected market liquidity, has not been disclosed. Earlier, on October 30, 255 million USDT moved in the opposite direction from Bitfinex back to Tether Treasury.

The recent transfer of 170 million USDT from Tether Treasury to Bitfinex provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 04, 2026 07:51 WIB: out of 50 priced major cryptocurrencies, 25 rose and 24 fell today. Notable movers include SAND (The Sandbox) at Rp824 with a 1-day change of +2.31% and Pluang order activity of 86% Sell / 14% Buy, LINK (Chainlink) at Rp197,994 with a 1-day change of -2.18% and Pluang order activity of 27% Sell / 73% Buy, and ZIL (Zilliqa) at Rp32 with a 1-day change of -2.12% and Pluang order activity of 48% Sell / 52% Buy.

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