Withdraw 951 BTC from Tether Bitcoin Reserve Address

According to a report by Golden Finance, on April 16th, according to on chain analyst Yu Jin's monitoring, USDT issuer Tether's Bitcoin reserve address withdrew 951 BTC ($70.47 million) from Bitfinex about 3 hours ago. These BTC were purchased by Tether with 15% of the company's profits in the first quarter of this year and are often withdrawn from Bitfinex in the days following the end of the quarter. As of now, the address holds 97141 BTC (7.2 billion US dollars), making it the fifth largest BTC wallet. Based on the withdrawal price, the average purchase price is about 51312 US dollars, and the current floating profit is 2.175 billion US dollars.