# 112 Million USDT Moves to Bitfinex as Three Transfers Reach $222.6 Million By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/36496 Published: 2026-10-21T08:32:31.000Z Updated: 2026-10-21T08:32:31.000Z Section: Investing > All three transfers were counted as exchange inflows, including $60.2 million in Ether sent to Beacon Depositor. An unknown wallet sent 112 million Tether USDt (USDT) to Bitfinex on Oct. 20, leading three large crypto transfers worth $222.6 million in a three-hour period. The Bitfinex transfer occurred at 2:11 p.m. ET (18:11 UTC) and was valued at $111.9 million. The tally covered the period ending at 5:05 p.m. ET (21:05 UTC). At 2:26 p.m. ET (18:26 UTC), an unknown wallet sent 24,544 Ether (ETH), worth $60.2 million, to Beacon Depositor. At the same time, another unknown wallet sent 610 Bitcoin (BTC), valued at $50.5 million, to Coinbase Institutional. The three transfers totaled $222.6 million in exchange inflows. No transfers from exchanges to unknown wallets were recorded in the three-hour tally. Exchange deposits can make assets available for trading, but these transfers do not establish that their owners sold. An [earlier roundup of five large transfers]() on Oct. 20 covered $957.6 million in moves, including $836.8 million sent to exchanges. ## Links in this article - [earlier roundup of five large transfers](https://www.tokenpost.com/news/investing/36161)