Why Did Tether Just Move $1B in Bitcoin? Here’s What Traders Need to Know

October 1, 2025

On September 30, blockchain data showed Tether transferring 8,888.889 Bitcoin into its reserve wallet. At the time of the move, the transaction was valued at approximately $1 billion. The coins came from a Bitfinex hot wallet, a connection that has been noted in previous reserve operations. Both firms are under … 

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