Analyst: Tether holds 83,700 Bitcoins, accounting for 0.4% of the total Bitcoin supply
21.co strategy analyst Tom Wan posted on the X platform, stating that Tether holds 83,700 Bitcoins (approximately $8 billion), accounting for 0.4% of the total Bitcoin supply.
Previous news reported that a JPMorgan analyst suggested that Tether might need to sell Bitcoins to comply with proposed stablecoin regulations in the United States.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME Group and FanDuel to Launch US Prediction Market Platform Next Month
An attacker manipulated POPCAT to attack the Hyperliquid platform, causing a loss of $4.9 million.
RootData: KAITO to unlock tokens worth approximately $2.42 million in one week