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TheBuzzingBee

💢✨️💥 Tether has recently acquired an additional 951 BTC, valued at $70.47 million.


#news

This brings their total Bitcoin holdings to 97,141 BTC (approximately $7.28 billion), placing them as the fifth-largest Bitcoin wallet on the blockchain.
$BTC ‌$XRP ‌$ETH ‌
BTC0.2%
XRP3.68%
ETH0.19%
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GoldfishOnIce
· 2h ago
Is this round about exchanging cash flow for hard assets? The risk resistance approach is quite clear.
View OriginalReply0
0XsundayCook
· 2h ago
I only hope transparency can keep up; don't just look at the purchase amount, the asset and liability details must also stand up to audit.
View OriginalReply0
ProtocolPaladin
· 2h ago
The issuer of USDT is hoarding BTC like this, it feels like they're boosting market confidence.
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DaoDoorKeeper
· 2h ago
70 million USD is really just a drop in the bucket for them, but it has a significant impact on market sentiment.
View OriginalReply0
0xCandleQuiet
· 3h ago
BTC, ETH, XRP have all been included, but the main focus of this news is still "who is continuously buying BTC."
View OriginalReply0
GasfeeComplainer
· 3h ago
Just curious: Are these BTCs long-term cold reserves, or will they be involved in staking/lending operations?
View OriginalReply0
MevTeaDrinker
· 3h ago
The fifth-largest wallet + leading stablecoin, the combined move is too strong, no wonder the market is paying so much attention.
View OriginalReply0

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