Tether has once again attracted market attention! On-chain data shows that the stablecoin giant currently holds 83,758.57 BTC, worth about $7.7 billion. 📈
Yesterday, a wallet associated with Tether received 7,628.92 BTC from a Bitfinex marked wallet, followed by another 775.568 BTC entering the same address. Although Tether has not publicly acknowledged ownership of the wallet, market speculation continues. 🤔
Interestingly, Tether purchased 8,888.88 BTC at the end of 2023 and the beginning of 2024. This auspicious number has sparked market speculation about its future plans to increase holdings. Analysis points out that Tether's increase in BTC reserves may be to consolidate its market position. 🔍
In any case, this move undoubtedly adds a touch of mystery to the market. ✨