[Tether Buys the Dip on BTC, Reserves Increase to 87,296 BTC, Unrealized Profit Reaches $4.549 Billion] USDT issuer Tether (泰达) bought the dip on BTC during the recent market downturn. Their BTC reserve address withdrew 961 BTC ($97.18M) from Bitfinex an hour ago. The BTC in this wallet has been purchased using 15% of the company's profits since 2023. Previously, they only withdrew the BTC purchased each quarter from Bitfinex on the last day of the quarter. Currently, their BTC reserve address holds 87,296 BTC ($8.84B), making it the sixth-largest BTC wallet. Based on the price at the time of withdrawal from Bitfinex, the average purchase price of these BTC is approximately $49,121, with an unrealized profit of $4.549 billion. Address: https://intel.(arkm.com)/explorer/address/bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4 ------------------------------------------------------------ ｜Save the most on fees, grab the best rewards, become a VIP only on Bitget