While Bitcoin Crashed Below $100K, Tether Dropped $1 Billion on the Dip

Tether has expanded its Bitcoin holdings through two significant ￰0￱ stablecoin issuer now controls 87,296 BTC worth approximately $8.9 ￰1￱ company has transferred the funds from Bitfinex's hot wallets to its dedicated Bitcoin reserve ￰2￱ Intelligence monitored the movements, which occurred in two ￰3￱ first transaction involved the transfer of 961 BTC, valued at $97.18 million. A subsequent transfer brought 8,888 BTC, worth roughly $1 billion, into Tether's reserves.