The BTC held by Tether currently has a surplus of US$1.1 billion

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Cointime2023/12/05 03:15

By:Cointime

According to data analyst Yu Jin, Tether currently has a floating profit of $1.1 billion (+85%) from holding BTC. Tether currently holds a total of 57,576 BTC ($2.4 billion) with a comprehensive cost of $22,480, of which 53,492 BTC were reserved before March this year and 4,083 BTC were purchased with 15% of Tether's net profit since May this year.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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