A large inter-exchange transfer of Tether (USDT) and a fresh bout of derivatives liquidations underscored how quickly crypto market positioning can shift, even as high-profile Bitcoin (BTC) advocates and analysts continued to shape sentiment with bullish long-term narratives. Blockchain tracking service Whale Alert reported that 145.19 million USDT—worth roughly $145.14 million—was moved from Kraken to Bitfinex on Saturday ET (May 3), with the transaction executed on the Ethereum network.
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