According to ChainCatcher, Whale Alert monitoring shows that around 19:09 Beijing time today, 260,641,100 USDT were transferred from Bitfinex to Tether Treasury. Such large transfers usually attract market attention because they may indicate liquidity adjustments or changes in market strategies. Although the specific intention of this transfer is still unclear, such large-scale fund flows often have potential impacts on the market value and market stability of USDT. Investors should pay close attention to subsequent market dynamics so as to adjust strategies in a timely manner and ensure asset security.