Tether Adds 960 BTC Amid Rising Large-Holder Accumulation

In Brief

• Tether boosts Bitcoin reserves to 87,296 BTC, now valued at about $8.84 billion.
• Accumulator addresses doubled holdings from 130K BTC to 262K BTC in two months.
• Over 13,000 long-dormant BTC moved on-chain, signaling shifts among long-term holders.

Tether, the issuer of the world’s largest stablecoin USDT, has quietly added over 960 BTC worth approximately $98 million. This latest purchase increases its total Bitcoin holdings to 87,296 BTC, now valued at around $8.84 billion.

The company executed two recent transfers from Bitfinex wallets, including the 960 BTC and another large transaction, consolidating assets in its reserve address. These movements align with Tether’s ongoing strategy of allocating 15% of net profits into Bitcoin reserves.

Tether typically conducts these allocations at the end of each quarter, but the mid-quarter purchase suggests a response to market conditions. Bitcoin briefly fell below $100,000 before recovering to over $105,000 during the accumulation.

The company’s average Bitcoin acquisition price is approximately $49,121 per BTC. At current levels, this gives Tether an unrealized profit of about $4.55 billion.

Tether now ranks as the sixth-largest corporate holder of Bitcoin globally and the second-largest among private non-exchange entities. Block.one remains the top private holder with a larger reserve.

Market Accumulation Trends and Long-Term Holder Movements

CryptoQuant data shows Bitcoin accumulation has increased sharply over recent weeks across multiple holder groups. Accumulator addresses increased their total holdings from around 130,000 BTC to 262,000 BTC within two months.

The 30-day demand change now reflects more than 375,000 BTC being absorbed from available supply. This trend aligns with historically strong accumulation phases driven by long-term holder confidence and strategic positioning.

More than 13,000 BTC that remained dormant for three to five years recently moved on-chain. These movements suggest that long-term holders may be adjusting their positions ahead of expected volatility or market shifts.

Such behaviour often appears near critical price levels or prior to major macroeconomic or liquidity developments. The market continues to monitor whether these trends support sustained upward price movement or near-term consolidation.