Tether’s Giant Bitcoin Buy: What 8,888 BTC Means for the Market
1d ago•
bullish:
0
bearish:
0
Share
Tether just bought a big amount of Bitcoin. Crypto Patel reported via X that Tether actually acquired 8,888 BTC worth $735M, about 10 hours ago. Tether has been buying Bitcoin for its reserves since early 2023. Each purchase seems to affect Bitcoin’s price. In early 2023, Tether bought 8,888 BTC for the first time. Bitcoin’s
1d ago•
bullish:
0
bearish:
0
Share
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
bullish:
0
bearish:
0
