Tether's BTC reserve address transfers 14000 BTC worth approximately $1.48 billion

2025-06-03 00:45

According to Foresight News, according to monitoring by Yu Jin, Tether's BTC reserve address transferred 14000 BTC (approximately 1.48 billion US dollars) 5 hours ago. It is currently unclear whether this transfer was for decentralized storage or for other purposes. The current BTC held by the address on the Teda chain is about 98000, which is consistent with their previously mentioned BTC reserve of around 100000.

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