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coinpedia 2024-01-01 09:15:51

Tether’s Strategic BTC Withdrawal Propels Them to 10th Largest Holder Status, Records Staggering 68% Profit

The post Tether’s Strategic BTC Withdrawal Propels Them to 10th Largest Holder Status, Records Staggering 68% Profit appeared first on Coinpedia Fintech News In a move reflecting Tether’s increasing dominance in the crypto space, the stablecoin giant withdraws a substantial 8888.88 BTC from Bitfinex, solidifying its position as the tenth largest BTC holder. Tether’s crypto reserves now stand at an impressive 66,465.2 BTC, valued at $2.82 billion. The strategic withdrawal and remarkable profit of $1.148 billion, a notable …

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