Tether is now the 11th largest Bitcoin holder? How to verify it using BTC explorer?

Tokenview.io
Coinmonks
4 min readAug 8, 2023

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The stablecoin issuer Tether is now the 11th largest Bitcoin holder in the world, currently holds about $1.6 billion worth of the digital asset.

While Tether hasn’t officially disclosed its bitcoin addresses, Tom Wan, a research analyst at 21.co, said he discovered an address that potentially belongs to Tether that currently holds about 55,022 bitcoins worth around $1.6 billion.

While Tether has not officially disclosed its bitcoin address, Tom Wan, a research analyst at 21.co, said he found an address that may belong to Tether, which currently holds about 55,022 BTC, worth about $1.6 billion. The value of Bitcoin held at the address matches the total amount of Bitcoin mentioned in Tether’s Q2 Reserves report released earlier this week.

As soon as the news that “Tether became the 11th largest Bitcoin holder in the world” came out, it immediately aroused people’s curiosity and speculation. Although Tether has not yet responded, we can verify the reliability of this news through the Bitcoin block explorer. By looking at data such as the balance and holder information of the address, we can confirm the accuracy of the message.

The Bitcoin block explorer is an open and transparent platform that uses actual data on the blockchain to provide information. This means we can verify the authenticity of the message through the Bitcoin explorer. Next we will introduce how to use Tokenview Bitcoin block explorer to query Tether address:

First, you need to open the Tokenview official website (https://tokenview.io) and select the “Bitcoin” blockchain. Or go directly to the Bitcoin block explorer https://btc.tokenview.io/en.

Enter the Bitcoin block explorer interface, and select 【Rich List】in the top navigation bar.

Enter the【Rich List】 interface, and then you can view the rich list of Bitcoin. Including Bitcoin address, number of transaction, amount and percentage.

Next we find the address of the 11th-ranked Bitcoin holder. Tokenview Bitcoin block explorer will display the holder’s transaction history, balance and other relevant information. This will help us gain a fuller picture of this holder’s background and activities.
The results show that:

Address: bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4
Transactions: 26
Amount: 55,022 BTC
Percentage: 0.28%
It can be seen that the address of the bitcoin holder is indeed consistent with the number of Bitcoin Tether publicly holds.

Click on the address directly to view more detailed information. At the top of the page are details about the address.

【Private Label】: You can set up a private label to facilitate your search and management of Bitcoin addresses.
【Balance】: 55,022.19754649 BTC
【Total Received】: 55,022.24844714 BTC
【Total Sent】:0.05090065 BTC
【Transactions】: 26
【Rank】: 11

At the bottom of the page is transaction information about the address, including historical transaction records and transaction details for each transaction.

It is very simple and convenient to use Tokenview Bitcoin block explorer to verify and query the address of the 11th largest Bitcoin holder. Bitcoin block explorers provide a transparent and reliable source of data. Through Bitcoin block explorers, we can obtain real data on Bitcoin transactions and holders, allowing us to better understand market trends and participant behavior.

Now, it’s time to check it out yourself!

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Tokenview.io
Coinmonks

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