币界网报道：Tether's Treasury holdings have surged by $1.25 billion, reaching a new all-time high, while Ethereum's holdings dropped by 10% amid whale sell-offs. The stablecoin issuer now holds $5.2 billion in USDT, reflecting strong demand for dollar-pegged assets. Meanwhile, Ethereum whales have been unstaking and selling ETH, contributing to a 10% decline in Tether's ETH reserves. Analysts suggest this could indicate profit-taking or portfolio rebalancing by large holders. In related news, a new crypto project has raised $10.6 million in its presale, signaling continued investor interest in early-stage blockchain ventures. The presale's success comes despite recent market volatility, with the project offering a 250% bonus to early participants. Market observers note that Tether's growing reserves demonstrate its dominant position in the stablecoin market, even as regulatory scrutiny intensifies globally. The contrasting movements between Tether's expanding treasury and Ethereum's declining holdings highlight shifting capital flows in the crypto ecosystem during this period of price consolidation.