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

Odaily Odaily Planet Daily News According to on-chain analyst EmberCN's monitoring, the reserve address where Tether uses 15% of its quarterly profits to buy 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. EmberCN stated that it is not yet certain whether this address has sold the BTC. However, it previously transferred the BTC purchased during the quarter on-chain on the last day of each quarter. More than ten days after the end of the second quarter this year, no BTC has been seen transferred to the reserve address.