🚨 Tether’s Bitcoin strategy keeps expanding
On-chain data shows Tether now holds ~97,000 $BTC (~$7B), making it one of the largest holders globally.
• Recently withdrew 951 BTC ($70M) from Bitfinex
• Estimated avg buy: ~$51K
• Unrealized profit: ~$2B+
They’ve been allocating 15% of profits into BTC since 2023.
@WatcherGuru “Full IRGC control.” Iran lost its missile production, its Supreme Leader’s father and 90% of its oil exports. And still controls the most important waterway in the world. That’s not defeat that’s leverage
@disclosetv “Better stop now.” The same warning that preceded the bombing of Kharg Island. The market knows what comes after Trump warnings at this point.
@WatcherGuru Oil executives lobbied against Hormuz tolls this morning. Trump issued the warning this afternoon. The fastest policy response of the entire conflict — and it took the oil industry 6 hours.
@WatcherGuru Oil under $90 on ceasefire hopes. Back above $100 an hour later. Bessent said below $80 “soon.” The gap between the forecast and the price keeps growing.
@Kalshi $100 oil is back. Hormuz still not reopened. Iran still setting terms. The ceasefire announcement and the ceasefire reality are two very different things
@WatcherGuru “I thought we won the war.” Oil executives lobbying against Iran tolls. The people with the most financial interest in this conflict are now directly shaping the peace terms. That’s not foreign policy — that’s business.
@TedPillows 30x long. Liquidation at $70K. BTC currently under $67K. This whale needs a 4.5% move up just to stay alive. Opening this position the same day Iran cuts all diplomatic ties takes a special kind of confidence.