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Bitfinex and Tether Move $2.7B Bitcoin to Twenty One Capital in Blockbuster Transfer
Bitfinex and Tether Move $2.7B Bitcoin to Twenty One Capital in Blockbuster Transfer
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In a seismic shift of crypto assets, Bitfinex and Tether have orchestrated a $2.7 billion Bitcoin transfer to institutional player Twenty One Capital. The move—executed with the precision of a Wall Street dark pool trade—signals either aggressive accumulation or a liquidity maneuver worthy of a DeFi yield farm.
Market watchers are torn: Is this a bullish institutional endorsement or just another day in the unregulated wild west where stablecoin printers and crypto exchanges play hot potato with nine-figure sums?
One thing’s certain—when the ‘whales’ start moving, retail traders grab their binoculars. And maybe a life jacket.
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