Tether becomes the 11th largest BTC holder? How to verify using a BTC block explorer?
Tokenview
2023-08-11 04:05
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Tether, the stablecoin issuer, has become the 11th largest Bitcoin holder globally, currently holding approximately $1.6 billion worth of digital assets.

Tether, the stablecoin issuer, has become the 11th largest holder of Bitcoin globally, currently holding digital assets worth approximately $1.6 billion.

Although Tether has not officially disclosed its Bitcoin address, research analyst Tom Wan from 21.co stated that he has found an address that could possibly belong to Tether. This address currently holds approximately 55,022 Bitcoins, with a value of around $1.6 billion. The value of Bitcoins held by this address aligns with the Bitcoin total mentioned in Tether's second-quarter reserve report released earlier this week.

The news of "Tether becoming the 11th largest holder of Bitcoin" immediately sparked curiosity and speculation. Although Tether has not responded, we can verify the reliability of this news by using a Bitcoin blockchain explorer. By examining the balance of this address and the information about the owner, we can confirm the accuracy of the news.

A Bitcoin blockchain explorer is a publicly transparent platform that uses actual data on the blockchain to provide information. This means that we can verify the authenticity of the news through a Bitcoin explorer. Next, we will explain how to use the Tokenview Bitcoin blockchain explorer to search for Tether addresses:

First, you need to open the Tokenview official website https://tokenview.io and select the "Bitcoin" blockchain. Alternatively, you can directly access the Bitcoin blockchain explorer https://btc.tokenview.io/en.

Enter the Bitcoin blockchain explorer interface and select "Rich List" from the top navigation bar.

On the "Rich List" interface, you can view the Bitcoin rich list, including Bitcoin addresses, transaction quantities, amounts, and holding percentages.

Next, we find the address of the 11th-ranked Bitcoin holder. Tokenview, a Bitcoin blockchain explorer, will display the transaction history, balance, and other related information of this holder. This will help us to have a more comprehensive understanding of the background and activities of this holder.

The result is as follows:
The address is: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4
Number of transactions: 26
Amount: 55,022 BTC
Percentage: 0.28%
It can be seen that this Bitcoin holder address does indeed match the amount of Bitcoin publicly held by Tether.

Click on the address directly to view more detailed information. The top of the page provides detailed information about the address.
【Private Tag】: You can set private tags to facilitate the search and management of Bitcoin addresses.
【Balance】: 55,022.19754649 BTC
【Total Income】: 55,022.24844714 BTC
【Total Transfer】: 0.05090065 BTC
【Transactions】: 26
【Rank】: 11

The bottom of the page provides transaction information about this address, including the transaction history and details of each transaction.

Using the Tokenview Bitcoin blockchain explorer to verify and query the 11th largest Bitcoin holder address is very simple and convenient. The Bitcoin blockchain explorer provides a transparent and reliable data source. Through the Bitcoin blockchain explorer, we can obtain real data about Bitcoin transactions and holders, thereby gaining a better understanding of market trends and participant behavior.

Now, it's time to try it out for yourself!

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