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Tether’s Suspected Bitcoin Holdings Reach $3 Billion, Marking It 10th Largest BTC Holder

Tether’s Suspected Bitcoin Holdings Reach $3 Billion, Marking It 10th Largest BTC Holder


CryptoGlobe
2024-01-03 23:20:00

Leading stablecoin issuer Tether may currently control the 10th largest Bitcoin (BTC) wallet, according to on-chain research conducted by Tom Wan, a digital asset strategy associate at 21.co. Wan speculated that Tether’s Bitcoin holdings could be of around $1.5 billion or around 53,495 coins at the time his research was conducted, making it then the


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