Add as a preferred source on GoogleSix Transfers Total $394.5 Million, Led by $108.9 Million Tether (USDT)
Unknown wallets sent $262.9 million to exchanges, while $111.4 million moved from exchanges to unknown wallets. Another $20.2 million in Pepe moved between exchanges.
Six large crypto transfers totaling $394.5 million occurred in the three-hour window ending at 11:04 a.m. ET Monday, Oct. 26, led by a $108.9 million Tether (USDT) transfer to Bitfinex.
At 8:05 a.m. ET, an unknown wallet sent 999 Bitcoin (BTC), worth $80.3 million, to Binance. Poloniex transferred 4,632,100,519,644 Pepe (PEPE), valued at $20.2 million, to HTX at 8:22 a.m. ET; HTX sent 4,631,900,000,000 PEPE, also valued at $20.2 million, to an unknown wallet at 8:39 a.m. ET. At 9:22 a.m. ET, an unknown wallet sent 109 million USDT to Bitfinex.
At 10:41 a.m. ET, an unknown wallet sent 923 BTC, worth $73.7 million, to Coinbase Institutional. At 10:59 a.m. ET, Coinbase Institutional sent 1,141 BTC, worth $91.2 million, to an unknown new wallet.
Unknown wallets sent a combined $262.9 million to exchanges, while exchanges sent $111.4 million to unknown wallets. The remaining $20.2 million moved from Poloniex to HTX.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.