Tether transferred 14,000 BTC, valued at approximately 1.48 billion USD
According to Foresight News, monitoring by Yu Jin shows that Tether's BTC reserve address transferred 14,000 BTC about 5 hours ago, valued at approximately 1.48 billion USD. It is currently unclear whether this transfer is for decentralized storage or for other purposes. Tether's on-chain address currently holds about 98,000 BTC, which aligns with the previously mentioned BTC reserve amount of around 100,000 BTC.
