[Tether's BTC Reserve Address Recently Withdrew 951 BTC from Bitfinex, Worth Approximately $70.47 Million] According to Deep Tide TechFlow, on April 16, on-chain analyst Ember (@EmberCN) monitored that Tether, the issuer of USDT, recently withdrew 951 BTC from its BTC reserve address on Bitfinex, worth approximately $70.47 million. These bitcoins were purchased in Q1 of this year using 15% of the company's profits. Currently, Tether's BTC reserve address holds a total of 97,141 BTC, valued at approximately $7.2 billion, making it the fifth-largest BTC wallet globally. Based on the withdrawal price, the estimated average purchase cost is around $51,312 per BTC, with an unrealized profit of approximately $2.175 billion.