Deep Tide TechFlow News, December 30, according to Yu Jin monitoring, USDT issuer Tether withdrew 7,628.9 Bitcoins (approximately 705 million USD) from Bitfinex 30 minutes ago, as part of its routine reserve increase plan for this quarter. Since May 2023, Tether has started using 15% of the company's profits to purchase Bitcoin.

Currently, Tether holds a total of 82,983 Bitcoins (approximately 7.68 billion USD), ranking as the sixth largest Bitcoin holding address in the world. Its average purchase cost for Bitcoin is approximately 36,222 USD, with a current floating profit of about 4.72 billion USD.