Tether Withdraws 8888.88 BTC, Becomes Tenth-Largest BTC Holding Address
Tether, the renowned provider of fiat-backed stablecoins in the crypto space, has recently made a significant move involving Bitcoin. In a recent report, it was revealed that Tether has withdrawn 8888.88 BTC, equivalent to approximately $379 million, from Bitfinex. This withdrawal has propelled Tether’s BTC holdings to become the tenth-largest address in the crypto market. As of now, Tether holds an impressive 66,465.2 BTC, valued at $2.82 billion based on Bitcoin’s current market price.
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