Tether-Linked Address Purchases $97 Million Bitcoin on Bitfinex, Signaling Institutional Interest

A recent massive transaction involving a Tether-linked address has sent ripples through the Bitcoin market. The address purchased an impressive 961 BTC, valued at approximately $97.34 million, from the Bitfinex exchange. This significant purchase, reported by Onchain Lens, signals growing institutional confidence in Bitcoin’s future and suggests strategic accumulation by knowledgeable investors.