Don't Just Read the News, Understand It.
Published loading...Updated

Tether Moves $1,107,371,328 Bitcoin, CEO Breaks Silence

Summary by u.today
$1,107,371,328 Bitcoin transfer by Tether stuns market, CEO ends speculation
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All
Left
Center
Right

Tether, the giant issuer of stablecoins behind USDT, has once again become a protagonist in the global crypto space after transferring 10,500 bitcoin (BTC) from Bitfinex’s hot wallet to a new direction. The operation, valued at approximately $1.1 billion, has triggered ecosystem alarms, raising doubts about a possible massive sale or redistribution of capital. However, the reality behind this financial move has a strategic background: the prefin…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

u.today broke the news in on Tuesday, June 3, 2025.
Sources are mostly out of (0)