Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, MasterCard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
tag
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards
Square
Latest
Hot
News
Profile
TheBuzzingBee

💢✨️💥 Tether has recently acquired an additional 951 BTC, valued at $70.47 million.


#news

This brings their total Bitcoin holdings to 97,141 BTC (approximately $7.28 billion), placing them as the fifth-largest Bitcoin wallet on the blockchain.
$BTC ‌$XRP ‌$ETH ‌
BTC0.3%
XRP3.44%
ETH-0.5%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • 7
  • Share
Comment
Add a comment
Add a comment
BribeCoffee
· 1h ago
Watching them keep adding to their positions is much more reliable than listening to a bunch of KOLs calling trades.
View OriginalReply0
Orange-FlavoredColdWallet
· 6h ago
Bought another 951 coins, extremely stable.
View OriginalReply0
ColdBrewSparklingWater
· 8h ago
97,141 BTC directly sits in the fifth-largest wallet on the blockchain; with that size, calling it a "quasi-institution" is not an exaggeration.
View OriginalReply0
StopLossSparrow
· 9h ago
The more Tether is bought, to some extent, it also reinforces the narrative that "there's something behind USDT."
View OriginalReply0
GoldfishOnIce
· 16h ago
Is this round about exchanging cash flow for hard assets? The risk resistance approach is quite clear.
View OriginalReply0
0XsundayCook
· 16h ago
I only hope transparency can keep up; don't just look at the purchase amount, the asset and liability details must also stand up to audit.
View OriginalReply0
ProtocolPaladin
· 16h ago
The issuer of USDT is hoarding BTC like this, it feels like they're boosting market confidence.
View OriginalReply0
DaoDoorKeeper
· 16h ago
70 million USD is really just a drop in the bucket for them, but it has a significant impact on market sentiment.
View OriginalReply0
0xCandleQuiet
· 17h ago
BTC, ETH, XRP have all been included, but the main focus of this news is still "who is continuously buying BTC."
View OriginalReply0
GasfeeComplainer
· 17h ago
Just curious: Are these BTCs long-term cold reserves, or will they be involved in staking/lending operations?
View OriginalReply0
View More

  • Pin

Sitemap