Tether’s $1B Shift Meets Bitcoin’s Deep Support Zone
The post Tether’s $1B Shift Meets Bitcoin’s Deep Support Zone appeared on BitcoinEthereumNews.com.
Tether just shifted $1 billion in USDT while sitting on $7.62 billion in Bitcoin reserves. At the same time, on-chain data from Glassnode and Checkonchain maps out a dense support zone between $77,000 and $81,900 as BTC slides into it. Tether Moves $1 Billion in USDT as Bitcoin Holdings Reach $7.62 Billion Tether just moved $1 billion in USDT, according to the latest on-chain data from Arkham Intelligence. About seven hours ago, a transfer from Tether Treasury (0x575) to a Bitfinex Deposit (0x5c6) address appeared in the outflow log, marking one of the largest single USDT transactions of the day. Tether Bitcoin Holdings 7.62B. Source: Arkham / X At the same time, Arkham shows Tether holding 87,556 BTC, valued at roughly $7.62 billion with Bitcoin trading near $86,988. The BTC figure remains unchanged in the portfolio section, indicating Tether continues to maintain its full Bitcoin stack alongside today’s stablecoin outflow. The dashboard lists the entity’s total portfolio value at about $11.19 billion, with Bitcoin making up the majority and USDT holdings standing at 2.887 billion tokens. The combination of a $1 billion USDT movement and a steady multibillion-dollar BTC position highlights Tether’s continuing presence as a major player in on-chain liquidity flows. Glassnode Heatmap Shows Major Cost Basis Concentration Near Recent Lows Meanwhile, new Glassnode data highlights a major support zone forming around the 77,000 dollar range. The cost basis distribution heatmap shows that 171,617 BTC were accumulated between 77,900 and 78,328 dollars, marking one of the largest supply clusters of the year. The heavy density of coins in this band signals where a large part of the market last entered positions. BTC Cost Basis Support Zone. Source: Glassnode / X As the chart shows, the heatmap brightens sharply at that level, indicating elevated on-chain activity and a notable concentration…
Filed under: News - @ November 22, 2025 1:19 pm