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A significant USDT movement just hit the blockchain: Tether Treasury transferred $500.5 million in stablecoins to an Ethena Labs associated wallet. This major transaction size typically signals either strategic positioning in the DeFi ecosystem or preparation for upcoming market activity. Large stablecoin flows like this often catch the attention of traders monitoring capital movements between major protocols. The transfer underscores the ongoing liquidity dynamics between key infrastructure players in the crypto space.