“The foundation had a trading hiatus after Monday’s big purchase. It is back today [snapped up 2,943 BTC],” Arcane Research’s Vetle Lunde told CoinDesk in a Twitter chat. “Last week, LFG sent $125 million worth of USDT across all weekdays and $160 million on Saturday to Jump Trading, who executed the BTC trades quickly thereafter.” USDT is the symbol for tether, the world’s largest stablecoin by market value.
'Buy Bitcoin' Sign Sold for Over $1M at Auction
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp. Source link