Tether Bitcoin reserve address transfers 14,000 BTC worth $1.48 billion
BlockBeats reports that on June 3, according to EmberCN monitoring, Tether's Bitcoin reserve address transferred 14,000 BTC, valued at $1.48 billion, 5 hours ago. The purpose of this transfer is currently unknown.
The number of BTC held by Tether's on-chain address is currently around 98,000, which aligns with their previously stated BTC reserve amount of 100,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.
Brent Crude Oil Hits $116 as Markets Weigh Another Inflation Shock
Crypto prices
More
