Bitfinex Now Has the Second-Richest Tether (USDT) Wallet

Bitfinex now lines up as the second biggest holder of Tether (USDT) in its hot wallet, surpassed only by the main Binance wallet. On October 8, several exchanges saw USDT inflows, including Binance, Huobi, Kraken. Bitfinex was among those exchanges and now holds more than 259 million USDT.

What is more worrying is that while the Bitfinex exchange accumulates the dollar-pegged USDT, there are noticeable outflows of Bitcoin (BTC) from its cold wallet, with thousands of BTC flowing out in the past days. In a recent

This article appeared first on Cryptovest

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