Tether reserve address test-deposited 4 BTC to Binance, transferring 204.3 BTC to Bitfinex a month ago

Odaily Odaily News According to on-chain analyst EmberCN's monitoring, Tether's reserve address, which uses 15% of its quarterly profits to buy BTC, test-deposited 4 BTC (worth $250,000) to Binance 5 hours ago. A month ago, this address transferred 204.3 BTC (worth $14.36 million) to Bitfinex, when BTC was priced at $70,000. EmberCN stated that it is still uncertain whether the address has sold BTC, but it previously transferred the BTC purchased in the quarter to the chain on the last day of each quarter. Now, over ten days after the end of Q2 this year, no BTC has been seen transferred to the reserve address.