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Tether moves $70 million Bitcoin to reserve
The Block·
Tether has transferred over $70 million worth of Bitcoin to its reserve wallet, a move consistent with its ongoing strategy of accumulating the cryptocurrency. This periodic movement to reserve wallets indicates a deliberate accumulation pattern by the stablecoin issuer. The transaction was tracked by blockchain analytics firm Arkham, highlighting the transparency and monitoring capabilities within the digital asset space.
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crypto
fintech
Original Source
The Block — theblock.co