Data show: 40 million USDTs migrated from the Ethereum network to the wave field network

According to Whale Alert monitoring, at 15:03 on October 25th, Beijing time, 40 million USDTs on the Ethereum network were transferred from Bitfinex to Tether Treasury wallet address. Subsequently, Tether Treasury issued 40 million USDTs to the wave field network. After that, the USDT is transferred to Bitfinex again. Bitfinex CTO said that this is a migration from the ERC20 network to the TRON network.