Tether Transfers $200M to Bitfinex as Valuation Surges Past $515B
Key Insights: Treasury Motion Triggers Fresh Analysis Blockchain tracker Whale Alert flagged a $200 million USDT transfer from the Tether Treasury to Bitfinex on June 6. The transaction valued at $200.2 million showed up amidst renewed conversation surrounding Tether’s monetary position and market footprint.
Key Insights: Tether transferred $200M USDT to Bitfinex from its treasury wallet. Valuation claim of $515B puts Tether ahead of Coca-Cola and Costco. CTO Paolo Ardoino says development is accelerating, backed by Bitcoin and gold reserves. Treasury Movement Triggers Fresh Scrutiny Blockchain tracker Whale Alert flagged a $200 million USDT transfer from the Tether Treasury to Bitfinex on June 6. $515B Appraisal Puts Tether Ahead of Coca-Cola Jon Ma, an independent fintech researcher, claimed on X that Tether’s existing business metrics put it at a $515 billion valuation– adequate to rank it as the 19th largest company worldwide. Understood for his concise, data-driven reporting, Moses focuses on cost analysis, on-chain metrics, and policy advancements shaping the worldwide digital property landscape. The post Tether Transfers $200M to Bitfinex as Valuation Rises Past $515B appeared first on The Market Periodical.
Secret Insights: Tether moved $200M USDT to Bitfinex from its treasury wallet. Valuation claim of $515B puts Tether ahead of Coca-Cola and Costco. CTO Paolo Ardoino says growth is accelerating, backed by Bitcoin and gold reserves. Treasury Movement Activates Fresh Scrutiny Blockchain tracker Whale Alert flagged a $200 million USDT transfer from the Tether Treasury to Bitfinex on June 6. Bitfinex and Tether share a long history and typical leadership under iFinex, drawing close attention to their internal capital flows. Stablecoin motions of this size often correspond with volatility stages in wider crypto markets. $515B Valuation Puts Tether Ahead of Coca-Cola Jon Ma, an independent fintech scientist, claimed on X that Tether’s existing business metrics put it at a $515 billion assessment– sufficient to rank it as the 19th largest company globally. He projected that if Circle can command that price with 2025 EBITDA expectations of $410 billion at a 69.3 x numerous, Tether’s valuation could be much higher given its market share and earnings metrics. Understood for his succinct, data-driven reporting, Moses focuses on price analysis, on-chain metrics, and policy advancements shaping the global digital property landscape. The post Tether Transfers $200M to Bitfinex as Assessment Rises Previous $515B appeared first on The Market Periodical.
