ChainCatcher Message, Blockchain Data Monitoring Platform Onchain Lens recently discovered that Tether's Bitcoin reserves suddenly received 7,629 BTC, valued at approximately $705.25 million, after being idle for 9 months. This move has drawn widespread attention from the market.
As of now, Tether's total Bitcoin reserves have increased to 82,983 BTC, with a market value of approximately $7.68 billion. This change may have an impact on the market, and investors need to closely monitor subsequent developments to adjust their strategies in a timely manner. Through on-chain data analysis, we can better understand the dynamic changes in the cryptocurrency market.