Tether and Bitfinex Shuffle $2.7B Bitcoin Haul to Twenty One Capital—Because Moving Digital Gold Never Gets Old
In a move that’ll surprise exactly zero crypto veterans, Tether and Bitfinex just orchestrated a $2.7 billion Bitcoin transfer to Twenty One Capital. Because nothing says ’trustless system’ like centralized players shifting mountains of BTC between opaque entities.
Wall Street would charge a 2% management fee for this kind of churn—but in crypto, we call it ’liquidity redistribution.’
Watch those blockchain analysts scramble to decode whether this is strategic positioning or just another day in the casino economy. Either way, the market’s about to get spicy.