Tether Reserve Address Sends 4 BTC Test Deposit to Binance
2026-07-11 08:46

Woofun AI data shows that Tether's Bitcoin reserve address initiated a test deposit of 4 BTC to Binance five hours ago. This transaction follows the firm's use of 15% of its quarterly profits to acquire BTC for reserves. The same address moved 204.3 BTC to Bitfinex one month ago when Bitcoin traded near $70,000. While Tether historically transferred quarterly purchases on the final day of each quarter, no new coins have entered the reserve address more than ten days after the end of the second quarter.

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Tags:
BTC
Tether
Binance
Bitfinex
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