movement of funds

On March 17th, according to Whale Alert data, 68000000 USDTs were transferred from Kraken to Bitfinex. Interpretation of this information: On March 17th, there was a significant transfer of 68000000 USDTs from Kraken to Bitfinex, as reported by Whale Alert data. This could potentially mean a lot of things for the cryptocurrency market. For one, it shows that there is significant movement of cryptocurrency between exchanges. It’s common for traders to move funds from one exchange to another depending on where they see favorable trading conditions or for arbitrage purposes….