According to BlockBeats, data from on-chain analyst Embers shows that Tether's current BTC holdings have made a floating profit of $1.1 billion (+85%). Tether holds a total of 57,576 BTC (US$2.4 billion), with a total cost of $22,480. Among them, 53,492 BTC were reserves before March this year, and 4,083 BTC were purchased regularly using 15% of Tether's net profit starting in May this year.
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Tether's BTC floating profit reaches $1.1 billion
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