During Bitcoin's Downturn, Tether Secures 8,888 Bitcoins for $618 Million: A Bold Move Amid Market Turbulence
Tether's acquisition of 8,888 Bitcoin didn't prevent Bitcoin's price from dipping below $70,000. Despite Tether becoming one of the largest BTC holders, Bitcoin saw unexpected declines attributed to factors like liquidations and ETF outflows.
Xu Lin