According to Foresight News, according to the monitoring of on-chain analyst Ember, 30 minutes ago, USDT issuer Tether withdrew 7,628.9 BTC (about $705 million) from Bitfinex. This should be the BTC purchased by Tether this quarter: Tether announced in May 2023 that it would regularly use 15% of the company's profits to purchase Bitcoin to enhance its reserves. Tether currently holds a total of 82,983 BTC (US$7.68 billion), making it the sixth largest BTC wallet address. Its average purchase price is about US$36,222, and its current floating profit is as high as US$4.72 billion.

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