On-chain analytics firm Onchain Lens has reported a significant Bitcoin purchase by Tether. According to their data, Tether acquired 961 BTC from Bitfinex approximately an hour ago. This transaction amounts to a substantial $97.34 million investment in Bitcoin. This large purchase by Tether, the company behind the USDT stablecoin, is notable for several reasons. Firstly, it indicates continued institutional interest in Bitcoin. Secondly, it potentially signals confidence in Bitcoin's future price performance. While the exact reasons for Tether's purchase remain undisclosed, such large-scale acquisitions often fuel speculation about further bullish momentum in the cryptocurrency market. Market participants will be closely watching Tether's future moves and their impact on Bitcoin's price. ```