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Tether reserve address deposits 4 BTC to Binance for testing, and transferred 204.3 BTC to Bitfinex a month ago

2026-07-11 00:45
Odaily Odaily报道 据链上分析师余烬监测,Tether reserve address, which uses 15% of its quarterly profits to purchase BTC, deposited 4 BTC (worth $250,000) to Binance for testing 5 hours ago. A month ago, this address transferred 204.3 BTC (worth $14.36 million) to Bitfinex when the BTC price was $70,000. Yu Jin stated that it is unclear whether the address has sold the BTC, but it had previously transferred the BTC purchased in the quarter to the chain on the last day of each quarter. More than ten days after the end of Q2 this year, no BTC has yet been seen withdrawn to the reserve address.