BlockBeats News, June 2nd, according to EmberCN's monitoring, the BTC reserve address of USDT issuer Tether transferred 204.3 BTC ($14.36 million) to Bitfinex 3 hours ago.

This address has used 15% of Tether's corporate profits to purchase BTC since 2023, holding 96,936 BTC worth $6.72 billion. It is the fifth-largest BTC wallet, with the average purchase price of these BTC around $51,312. Currently, the unrealized gains amount to $1.75 billion.