Could be any one of a number of things...
It may be showing dominance in the new tank.
Or it could just be showing off for an opposite sex.
The water temp, or some other thing like the hardness or
pH, may be different from the 20G was and he's a little uncomfortable.
Flashing doesn't
always mean a fish has a parasite.
I wouldn't add any more chemical stuff to the tank until you see other problems/symptoms.
Often it's better to wait a little while and see what happens. It may settle down on it's own given time.

alicem