Tetherbitcoin reserve addresses are moving: 4 BTCs are transferred, with an additional suspected suspension in the second quarter

On 11 July, according to the chain analyst's residual ashes monitoring, Tether used to transfer 15 per cent of its quarterly profits to the reserve address of Bitcoin to four BTCs, valued at approximately $250,000, to the Binance test approximately five hours ago. The balance indicated that the address had previously transferred 204.3 BTCs to Bitfinex a month earlier, with a value of approximately $14.36 million and a bitcoin price of approximately $70,000, and that it was uncertain whether the related assets had been sold. In addition, Tether does not seem to have finished adding bitcoin to the chain in the second quarter of 2026. In accordance with previous practice, Tether usually transfers the BTC purchased in the current quarter to a reserve address on the last day of each quarter, but more than 10 days after the end of the current second quarter, no new bitcoin transfers to that reserve address have been observed in the chain, raising concerns as to whether the market will adjust the Bitcoin increase pace。