Jun 10, 2019
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Tether [USDT] Whale Alert: 20 million USDT moved from Bitfinex to Tether Treasury as Bitcoin pumps

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The infamous Bitfinex-Tether saga is far from cooling down after the oldest stablecoin, USDT, recorded a series of unusual fund movements to unknown wallets from its treasury.

Whale Alert, the ever-observant Twitter handle which tracks significant cryptocurrency transactions, reported another movement by the controversial Tether. According to the online crypto-tracker, a transaction of 20,000,000 USDT [worth $20,019,422] with the timestamp of Mon, 10 Jun 2019 12:48:46 UTC was executed from Bitfinex to Tether Treasury on the Bitcoin blockchain.

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