Tether Loads the Vault Again with $BTC … and It’s Not a Small Move.
Just another massive shuffle behind the scenes. About ten hours ago, #Tether calmly pulled 8,889 BTC and sent it straight into its reserve wallet. At today’s prices, that’s roughly $778 million sliding off the exchange and into cold storage. Slow. Deliberate. Very on-brand.
With that transfer, Tether’s Bitcoin pile now sits at around 96,370 #BTC , worth roughly $8.4 billion as of now. That’s not a trade, not a hedge in a hurry, it feels more like stacking bricks on a foundation that’s already huge. The kind of move you make when you’re thinking long-term, not about tomorrow’s candle.
No drama, no rush… just another reminder of how much weight this entity quietly carries.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Tether Loads the Vault Again with $BTC … and It’s Not a Small Move.
Just another massive shuffle behind the scenes. About ten hours ago, #Tether calmly pulled 8,889 BTC and sent it straight into its reserve wallet. At today’s prices, that’s roughly $778 million sliding off the exchange and into cold storage. Slow. Deliberate. Very on-brand.
With that transfer, Tether’s Bitcoin pile now sits at around 96,370 #BTC , worth roughly $8.4 billion as of now. That’s not a trade, not a hedge in a hurry, it feels more like stacking bricks on a foundation that’s already huge. The kind of move you make when you’re thinking long-term, not about tomorrow’s candle.
No drama, no rush… just another reminder of how much weight this entity quietly carries.
Address for those watching closely: