#USDT。

Tether transferred 7,629 BTC, valued at approximately USD 700 million, to its Bitcoin reserve address.

The transaction originated from Bitfinex's hot wallet on the morning of December 30th.

This marks the largest addition to Tether's strategic Bitcoin reserve since March 2024, when 8,888.88 BTC were moved.

Tether's Bitcoin reserves continue to grow Another identical transfer occurred on December 31, 2023, according to on-chain data.

According to data from Arkham data, Tether reserves now hold 82,983 BTC, purchased for USD 2.99 billion at an average cost of approximately USD 36,125 per coin.

The move is in line with Tether's decision in 2023 to allocate up to 15% of its profits to Bitcoin.

The firm currently holds over USD 7.6 billion in BTC, and its Bitcoin purchases are part of a diversification strategy during periods of increased USDT issuance.

MicroStrategy (MSTR) buys Bitcoin for $209 million. This week the market is cold with a fear&greed at 64 points.$BTC