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Tether The reserve address tested a deposit of 4 BTC to Binance; one month ago, it transferred 204.3 BTC to Bitfinex.
Svmuu News: According to on-chain analyst Yu Jin, the Tether reserve address—which uses 15% of its quarterly profits to purchase BTC—tested a deposit of 4 BTC, worth $250,000, to Binance five hours ago.One month ago, this address transferred 204.3 BTC, worth $14.36 million, to Bitfinex when the price of BTC was $70,000.Embers noted that it is still unclear whether the address has sold the BTC, but it previously transferred the BTC purchased each quarter to the blockchain on the last day of the quarter. More than ten days after the end of the second quarter of this year, no BTC has yet been transferred to the reserve address.
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Source：Odaily · Source Link
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