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The Tether BTC reserve Address holds 87,296 BTC, with an average purchase price of approximately 49,121 USD.

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[Tether BTC reserve address holds 87,296 BTC, with an average purchase price of approximately 49,121 USD] According to on-chain analyst Yu Jin's monitoring, the USDT issuer Tether's BTC reserve address withdrew 961 BTC from CEX one hour ago, totaling 19,718 USD (. The BTC stored in this wallet has been purchased with 15% of the company's profits since 2023, previously only withdrawing the BTC purchased in the quarter from CEX on the last day of each quarter. Currently, their BTC reserve Address holds 87,296 BTC)88.4 billion USD(, making it the sixth largest BTC Wallet. Based on the price when they withdrew from the CEX, the average purchase price of these BTC is approximately 49,121 USD, with a current floating profit of 4.549 billion USD.

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