🪙 Tether withdrew 8,889 BTC from the Bitfinex exchange today — according to on-chain data. As a result, the company now holds 96,370 BTC on its wallets, worth approximately $8.5 billion.

Context: • The withdrawal likely reflects internal treasury management rather than an immediate intention to sell. • Tether remains one of the largest corporate Bitcoin holders globally. • Continued accumulation reinforces the trend of long-term BTC storage moving off exchanges.

Market takeaway: Large-scale BTC outflows from exchanges typically reduce near-term selling pressure and signal confidence among major holders.