Everyone's reading this @whale_alert one wrong: the 140M $USDT that went to Tether Treasury was not a mint and not a burn. It looks like a chain swap:

- 15:54 UTC: @bitfinex sent 140M to @tether Treasury on Solana
- 15:48 + 15:56: Treasury sent 80M + 50M = 130M to the Bitfinex hot wallet on Ethereum

No new money. Same mirror at 00:43/00:45 today: 40M ↔️ 40M

Proof:
https://solscan.io/tx/2pQZR4wVH3NGXH7BUSLzq7cMn2FvWFBoY3nbPyQAaH2ngRk8hkRHCVGP5EBUXPXaKCCjSegcFngPfhYxX4WNX4pM
https://etherscan.io/tx/0xd3e2a912d003e6910e6928df10da88e1f70b5777a3a16508e1423098b9922a6d
https://etherscan.io/tx/0x707005cb2bcc622ea681b222f5fd7e82a2a3d84eef7ab36b6077e84eb1d3cf4d

#OnChain

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