143,905,015 Tether (USDT) transferred from Bitfinex to Treasury

143,905,015 USDT (valued at $143,763,556) moved from Bitfinex to Tether Treasury, per a Whale Alert transaction flagged on the 1st. The transfer is a stablecoin movement between two addresses and does not necessarily reflect an equivalent exchange trade. It follows a separate transfer of 213.8 million USDT from Bitfinex to Tether Treasury reported on the 29th of last month, with a different date and amount. Transfers to Tether Treasury are often read by market watchers as potential mint/burn or supply-management activity, though the article notes no stated purpose. Watch for follow-up Tether Treasury transactions, such as burns or fresh issuance, and whether further large USDT flows out of Bitfinex continue.