Tether is urgently selling Bitcoin 204.3 BTC ($14.36…
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Tether is urgently selling Bitcoin
204.3 BTC ($14.36 million) were transferred from the company's Bitcoin Reserve address to the Bitfinex exchange.
The wallet still has 96,936 BTC ($6.72 billion) remaining, which the company has been purchasing since 2023 using 15% of its profits.
The average purchase price is \~$51,300 per BTC, and the unrealized profit is $1.75 billion.
dragon money https://drgnn.buzz
#cryptocurrency
204.3 BTC ($14.36 million) were transferred from the company's Bitcoin Reserve address to the Bitfinex exchange.
The wallet still has 96,936 BTC ($6.72 billion) remaining, which the company has been purchasing since 2023 using 15% of its profits.
The average purchase price is \~$51,300 per BTC, and the unrealized profit is $1.75 billion.
dragon money https://drgnn.buzz
#cryptocurrency
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