- BASED0%
- USDT0%
- BTC0%
BlockBeats News, April 15th, according to EmberCN's monitoring, the BTC reserve address of USDT issuer Tether withdrew 951 BTC ($70.47 million) from Bitfinex 15 minutes ago, which should be the BTC purchased in the first quarter of this year.
The BTC held in this address was purchased by Tether since 2023 with 15% of the company's profits and is often withdrawn from Bitfinex a few days after the end of each quarter for the BTC purchased in the previous quarter. Its BTC reserve address holds 97,141 BTC ($7.2 billion), making it the fifth-largest BTC wallet. Based on the price at the time of withdrawal from Bitfinex, the average purchase price of these BTC is around $51,312, currently unrealized gains of $2.175 billion.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change