Tether just shifted $1 billion in USDT while sitting on $7.62 billion in Bitcoin reserves. At the same time, on-chain data from Glassnode and Checkonchain maps out a dense support zone between $77,000 and $81,900 as BTC slides into it.Tether Moves $1 Billion in USDT as Bitcoin Holdings Reach $7.62 BillionTether just moved $1 billion in USDT, according to the latest on-chain data from Arkham Intelligence. About seven hours ago, a transfer from Tether Treasury (0x575) to a Bitfinex Deposit (0x5c6) address appeared in the outflow log, marking one of the largest single USDT transactions of the day.Tether Bitcoin Holdings 7.62B. Source: Arkham / XAt the same time, Arkham shows Tether holding 87,556 BTC, valued at roughly $7.62 billion with Bitcoin trading near $86,988. The BTC figure remains unchanged in the portfolio section, indicating Tether continues to maintain its full Bitcoin stack alongside today’s stablecoin outflow.The dashboard lists the entity’s total portfolio value at about $11.19 billion, with Bitcoin making up the majority and USDT holdings standing at 2.887 billion tokens. The combination of a $1 billion USDT movement and a steady multibillion-dollar BTC position highlights Tether’s continuing presence as a major player in on-chain liquidity flows.Glassnode Heatmap Shows Major Cost Basis Concentration Near Recent LowsMeanwhile, new Glassnode data highlights a major support zone forming around the 77,000 dollar range. The cost basis distribution heatmap shows that 171,617 BTC were accumulated between 77,900 and 78,328 dollars, marking one of the largest supply clusters of the year. The heavy density of coins in this band signals where a large part of the market last entered positions.BTC Cost Basis Support Zone. Source: Glassnode / XAs the chart shows, the heatmap brightens sharply at that level, indicating elevated on-chain activity and a notable concentration of holders. The pattern suggests that a sizable group of investors absorbed supply during earlier retracements, creating a foundation that now stands out on the distribution map.At the same time, Bitcoin’s price line on the chart drops toward this high-density zone, aligning the current market decline with a historically active cost basis area. Because the heatmap measures realized price by cohorts, this cluster points to where many wallets may defend their positions if volatility continues. The range therefore acts as a structural reference point as Bitcoin trades deeper into November’s pullback.Checkonchain Chart Shows Price Tagging Long-Term Mean LevelMeanwhile, new data from Checkonchain shows Bitcoin falling directly to its true market mean, plotted at 81,900 dollars on the chart. The indicator tracks the long-term average cost basis of all on-chain supply, offering a structural reference point during periods of heavy volatility.BTC True Market Mean 81.9K. Source: Checkonchain /X As the chart illustrates, Bitcoin’s latest drop drove price from early-November levels straight into the rising blue band that marks the true mean line. Price has touched this level only a few times throughout 2025, and each interaction previously coincided with a temporary stabilization before the next trend move.At the same time, the red and yellow long-term bands remain positioned well above current price, reflecting how far the market has moved from upper-cycle averages during the latest correction. The steep descent into the true mean highlights the speed of the current drawdown and the importance of this structural anchor as the market absorbs renewed selling pressure.Tether just shifted $1 billion in USDT while sitting on $7.62 billion in Bitcoin reserves. At the same time, on-chain data from Glassnode and Checkonchain maps out a dense support zone between $77,000 and $81,900 as BTC slides into it.Tether Moves $1 Billion in USDT as Bitcoin Holdings Reach $7.62 BillionTether just moved $1 billion in USDT, according to the latest on-chain data from Arkham Intelligence. About seven hours ago, a transfer from Tether Treasury (0x575) to a Bitfinex Deposit (0x5c6) address appeared in the outflow log, marking one of the largest single USDT transactions of the day.Tether Bitcoin Holdings 7.62B. Source: Arkham / XAt the same time, Arkham shows Tether holding 87,556 BTC, valued at roughly $7.62 billion with Bitcoin trading near $86,988. The BTC figure remains unchanged in the portfolio section, indicating Tether continues to maintain its full Bitcoin stack alongside today’s stablecoin outflow.The dashboard lists the entity’s total portfolio value at about $11.19 billion, with Bitcoin making up the majority and USDT holdings standing at 2.887 billion tokens. The combination of a $1 billion USDT movement and a steady multibillion-dollar BTC position highlights Tether’s continuing presence as a major player in on-chain liquidity flows.Glassnode Heatmap Shows Major Cost Basis Concentration Near Recent LowsMeanwhile, new Glassnode data highlights a major support zone forming around the 77,000 dollar range. The cost basis distribution heatmap shows that 171,617 BTC were accumulated between 77,900 and 78,328 dollars, marking one of the largest supply clusters of the year. The heavy density of coins in this band signals where a large part of the market last entered positions.BTC Cost Basis Support Zone. Source: Glassnode / XAs the chart shows, the heatmap brightens sharply at that level, indicating elevated on-chain activity and a notable concentration of holders. The pattern suggests that a sizable group of investors absorbed supply during earlier retracements, creating a foundation that now stands out on the distribution map.At the same time, Bitcoin’s price line on the chart drops toward this high-density zone, aligning the current market decline with a historically active cost basis area. Because the heatmap measures realized price by cohorts, this cluster points to where many wallets may defend their positions if volatility continues. The range therefore acts as a structural reference point as Bitcoin trades deeper into November’s pullback.Checkonchain Chart Shows Price Tagging Long-Term Mean LevelMeanwhile, new data from Checkonchain shows Bitcoin falling directly to its true market mean, plotted at 81,900 dollars on the chart. The indicator tracks the long-term average cost basis of all on-chain supply, offering a structural reference point during periods of heavy volatility.BTC True Market Mean 81.9K. Source: Checkonchain /X As the chart illustrates, Bitcoin’s latest drop drove price from early-November levels straight into the rising blue band that marks the true mean line. Price has touched this level only a few times throughout 2025, and each interaction previously coincided with a temporary stabilization before the next trend move.At the same time, the red and yellow long-term bands remain positioned well above current price, reflecting how far the market has moved from upper-cycle averages during the latest correction. The steep descent into the true mean highlights the speed of the current drawdown and the importance of this structural anchor as the market absorbs renewed selling pressure.

Tether’s $1B Move Hits as Bitcoin Crashes Toward Critical Support Bands

Tether just shifted $1 billion in USDT while sitting on $7.62 billion in Bitcoin reserves. At the same time, on-chain data from Glassnode and Checkonchain maps out a dense support zone between $77,000 and $81,900 as BTC slides into it.

Tether Moves $1 Billion in USDT as Bitcoin Holdings Reach $7.62 Billion

Tether just moved $1 billion in USDT, according to the latest on-chain data from Arkham Intelligence. About seven hours ago, a transfer from Tether Treasury (0x575) to a Bitfinex Deposit (0x5c6) address appeared in the outflow log, marking one of the largest single USDT transactions of the day.

Tether Bitcoin Holdings 7.62B. Source: Arkham / X

At the same time, Arkham shows Tether holding 87,556 BTC, valued at roughly $7.62 billion with Bitcoin trading near $86,988. The BTC figure remains unchanged in the portfolio section, indicating Tether continues to maintain its full Bitcoin stack alongside today’s stablecoin outflow.

The dashboard lists the entity’s total portfolio value at about $11.19 billion, with Bitcoin making up the majority and USDT holdings standing at 2.887 billion tokens. The combination of a $1 billion USDT movement and a steady multibillion-dollar BTC position highlights Tether’s continuing presence as a major player in on-chain liquidity flows.

Glassnode Heatmap Shows Major Cost Basis Concentration Near Recent Lows

Meanwhile, new Glassnode data highlights a major support zone forming around the 77,000 dollar range. The cost basis distribution heatmap shows that 171,617 BTC were accumulated between 77,900 and 78,328 dollars, marking one of the largest supply clusters of the year. The heavy density of coins in this band signals where a large part of the market last entered positions.

BTC Cost Basis Support Zone. Source: Glassnode / X

As the chart shows, the heatmap brightens sharply at that level, indicating elevated on-chain activity and a notable concentration of holders. The pattern suggests that a sizable group of investors absorbed supply during earlier retracements, creating a foundation that now stands out on the distribution map.

At the same time, Bitcoin’s price line on the chart drops toward this high-density zone, aligning the current market decline with a historically active cost basis area. Because the heatmap measures realized price by cohorts, this cluster points to where many wallets may defend their positions if volatility continues. The range therefore acts as a structural reference point as Bitcoin trades deeper into November’s pullback.

Checkonchain Chart Shows Price Tagging Long-Term Mean Level

Meanwhile, new data from Checkonchain shows Bitcoin falling directly to its true market mean, plotted at 81,900 dollars on the chart. The indicator tracks the long-term average cost basis of all on-chain supply, offering a structural reference point during periods of heavy volatility.

BTC True Market Mean 81.9K. Source: Checkonchain /X 

As the chart illustrates, Bitcoin’s latest drop drove price from early-November levels straight into the rising blue band that marks the true mean line. Price has touched this level only a few times throughout 2025, and each interaction previously coincided with a temporary stabilization before the next trend move.

At the same time, the red and yellow long-term bands remain positioned well above current price, reflecting how far the market has moved from upper-cycle averages during the latest correction. The steep descent into the true mean highlights the speed of the current drawdown and the importance of this structural anchor as the market absorbs renewed selling pressure.

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