BlockBeats news, on September 30, according to Onchain Lens monitoring, Tether withdrew 8,888.8 BTC from Bitfinex 10 minutes ago, worth 1 billion USD. Since May 2023, Tether has announced that it will use 15% of its net profit each quarter to purchase Bitcoin. In Q1, Tether also bought 8,888 Bitcoins, which were worth 735 million USD at that time, similarly transferring from Bitfinex Hot Wallet to Tether reserve Address on the last day of the quarter (March 31).
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Tether withdrew 8,888 BTC from Bitfinex 10 minutes ago.
BlockBeats news, on September 30, according to Onchain Lens monitoring, Tether withdrew 8,888.8 BTC from Bitfinex 10 minutes ago, worth 1 billion USD. Since May 2023, Tether has announced that it will use 15% of its net profit each quarter to purchase Bitcoin. In Q1, Tether also bought 8,888 Bitcoins, which were worth 735 million USD at that time, similarly transferring from Bitfinex Hot Wallet to Tether reserve Address on the last day of the quarter (March 31).