# Ten Crypto Transfers Total $2.29 Billion in Three Hours on Oct. 29

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/44097
Published: 2026-10-30T01:02:13.000Z
Updated: 2026-10-30T01:02:13.000Z
Section: Investing

> Transfers from unknown wallets to exchanges totaled $157.5 million, $22.2 million more than the reverse.

A $499.8 million Tether (USDT) transfer from Tether Treasury to Binance led 10 large crypto movements worth $2.29 billion through 2 p.m. ET Thursday, Oct. 29, with more value moving from unknown wallets to exchanges.

The activity ran from 11 a.m. to 2 p.m. ET. Tether Treasury sent 500 million USDT, worth $499.8 million, to Binance at 1:40 p.m. ET. Binance moved the same amount, valued at $499.6 million, to Tether Treasury at 12:39 p.m. ET.

Bitfinex sent 230 million USDT, valued at $229.8 million, to Tether Treasury at 1:11 p.m. ET. Another 213.8 million USDT worth $213.6 million moved there at 11:07 a.m. ET. Bitfinex also transferred 141,507,015 USDT valued at $141.5 million to Tether Treasury at 12:53 p.m. ET and 132.4 million USDT worth $132.3 million at 11:07 a.m. ET. Tether Treasury sent 180 million USDT valued at $179.9 million to Bitfinex at 1:10 p.m. ET.

Other moves involved Bitcoin (BTC) and USD Coin (USDC). At 11:08 a.m. ET, an unknown wallet sent 1,947 BTC worth $157.5 million to Coinbase Institutional. Coinbase Institutional sent 135.31 million USDC valued at $135.3 million to an unknown wallet at 11:40 a.m. ET. At 1:56 p.m. ET, 1,250 BTC worth $101.1 million moved between unknown wallets.

In the two transfers between unknown wallets and exchanges, $157.5 million went to an exchange and $135.3 million went the other way. Transfer direction alone does not establish a sender's intent.