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Bitcoin News Update: Tether’s Twofold Function: Bringing Stability to Markets and Supporting Crypto Regulation

Bitcoin News Update: Tether’s Twofold Function: Bringing Stability to Markets and Supporting Crypto Regulation

Bitget-RWA2025/11/22 13:44
By:Bitget-RWA

- Tether executed a $1B USDT transfer to Bitfinex amid Bitcoin's decline near $77,000-$81,900 support levels, signaling market liquidity management. - The transfer coincided with a Thai-US operation seizing $4B in illicit USDT, where Tether aided in tracking transactions and enabling 73 arrests. - Bitcoin's price consolidation at $81,900 long-term mean and ETF outflows ($2.96B in November) highlight fragile investor sentiment amid regulatory shifts. - Tether's 87,556 BTC ($7.62B) reserves and enforcement c

Tether's recent $1 billion

transaction has sparked interest as Bitcoin's value drops toward crucial support zones, with blockchain analytics companies emphasizing the importance of the $77,000–$81,900 range. This transfer, , consisted of a single withdrawal from the Treasury to a Bitfinex Deposit address, making it one of the day's largest USDT movements. At the same time, Tether's holdings remain steady at 87,556 BTC, worth $7.62 billion, highlighting its significant role in providing liquidity to the crypto sector .

The timing of Tether's transfer aligns with a joint international crackdown led by the Royal Thai Police and the U.S. Secret Service, which resulted in the confiscation of 12 million USDT (approximately $4 billion) from a major fraud syndicate. Tether contributed to the operation

to help trace and identify illegal transactions, leading to the capture of 73 individuals and the recovery of assets exceeding 5.22 billion baht. This case underscores Tether's growing involvement in regulatory enforcement and anti-money laundering initiatives, especially in Southeast Asia, where digital fraud is on the rise.

Bitcoin News Update: Tether’s Twofold Function: Bringing Stability to Markets and Supporting Crypto Regulation image 0
Bitcoin's recent price movements have drawn increased attention as it nears vital support thresholds. According to Glassnode's cost basis heatmap, a significant cluster of 171,617 BTC was acquired between $77,900 and $78,328, an area that saw notable on-chain activity earlier this year. Data from Checkonchain to its long-term average of $81,900, a price point that has often provided stability during sharp corrections. Experts suggest that if buyers can maintain these levels, a short-term recovery could follow, but a persistent drop below $77,000 may indicate a stronger bearish trend.

The wider market environment is marked by ongoing withdrawals from Bitcoin ETFs, with BlackRock's iShares Bitcoin Trust (IBIT) experiencing a record $523 million in redemptions on November 19 alone. This pushed November's total ETF outflows to $2.96 billion,

since these products launched at the start of 2024. Although November has historically been a positive month for Bitcoin, investor confidence remains shaky due to global economic uncertainties and evolving regulations.

Tether's recent moves illustrate its dual function as both a stablecoin provider and a key player in the digital asset landscape. By holding a large Bitcoin reserve and working with law enforcement, Tether strengthens its position in terms of liquidity and regulatory compliance. Nevertheless, the market's dependence on such actions raises concerns about overall stability as Bitcoin faces ongoing downward pressure.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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