USDT issuer Tether continued to purchase 8888.88 BTC ($627M) through Bitfinex in the first quarter of this year, and then withdrew it to the wallet address 9 hours ago.

Tether currently holds a total of 75,354 BTC ($5.3B), making it the 7th largest BTC wallet address. Their comprehensive purchase cost of BTC is approximately $30,530, and their current floating profit has reached $3 billion.

Since Tether announced in May 2023 that it would regularly use 15% of the company's profits to purchase Bitcoin to enhance reserves, it has purchased a total of 21,861.6 BTC.

Tether wallet address: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4

$BTC