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TechFlow reports, according to on-chain analyst烬 (Yujin), Tether's current BTC holdings have realized a paper profit of $1.1 billion (+85%). Tether currently holds a total of 57,576 BTC ($2.4 billion) at an average cost basis of $22,480:
Of which 53,492 BTC were accumulated prior to March this year;
4,083 BTC have been periodically purchased since May this year using 15% of Tether's net profits.
Tether's current BTC holdings have realized a paper profit of $1.1 billion (+85%). Tether currently holds a total of 57,576 BTC (worth $2.4 billion) at an average cost basis of $22,480: of which 53,492 BTC were acquired before March this year; the remaining 4,083 BTC have been periodically purchased since May using 15% of Tether's net profits.
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