Massive Bitcoin Transfer by Tether and Bitfinex Raises Eyebrows
The post Massive Bitcoin Transfer by Tether and Bitfinex Raises Eyebrows appeared on BitcoinEthereumNews.com.
Tether and Bitfinex sent 25,812 BTC to a low-profile firm called Twenty One Capital, and no one really knows why. The company hasn’t shared any details, and that silence is setting off a wave of speculation across crypto circles. Tether and Bitfinex have made their appearance in a huge transfer of 25,812 Bitcoins to Twenty One Capital. The total value is nearly $1.5 billion. This transaction is seen as one of the largest BTC transfers in recent history, raising eyebrows and questions about it. This transfer is definitely turning heads right now. Some folks see it as just a usual shuffle, like moving assets around or changing who’s holding them. But others think there’s something bigger going on—maybe a clever plan, some new rules kicking in, or something we just haven’t caught yet. Strategic Implications and Market Reactions In the past, big BTC or USDT moves by Tether and Bitfinex have often happened around major price changes. For instance, when a lot of Tether hits exchanges, the market usually goes up. Because of this, people often talk about whether big players are actually driving the market or even messing with it. Tether and Bitfinex have dealt with a lot of heat before. Back in 2021, they agreed to pay $18.5 million to settle with the New York Attorney General over claims they didn’t properly disclose their reserves and moved funds without telling anyone. Since then, they’ve promised to be more open, but this latest transfer has people wondering again about how clear and responsible they really are. What really adds to the mystery is who got the Bitcoin — a firm called Twenty One Capital. They’re not exactly a well-known name in the crypto space, and they haven’t said a word about why they just scooped up over 25,000 BTC.…
