Tether’s 116-ton gold hoard rivals reserves of Korea and Hungary: Jefferies

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Why This Matters

Tether's significant gold purchases have made it one of the largest gold holders globally, rivaling the reserves of countries like Korea and Hungary, and may be impacting short-term market sentiment.

Market Impact

Market impact analysis based on bearish sentiment with 63% confidence.

Sentiment
Bearish
AI Confidence
63%

Article Context

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Tether accounted for almost 2% of global gold demand last quarter, with Jefferies noting that its aggressive buying may be influencing short-term market sentiment.

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Original article published by Unknown on November 26, 2025.
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