Cryptocurrency tracker EmberCN reported via its X (formerly Twitter) account that Tether's Bitcoin (BTC) reserve address transferred 204.3 BTC to the exchange Bitfinex two hours ago. This transaction represents a fund movement of approximately $14.36 million.

The address has consistently purchased Bitcoin since 2023, using 15% of the company's profits. It is known that the wallet currently holds a total of 96,936 BTC (approximately $672 million).