SpaceX has once again made notable Bitcoin transfers, continuing a streak of large on-chain activity that has drawn attention.SpaceX, the aerospace firm led by Elon Musk, has once again made notable Bitcoin transfers, continuing a streak of large on-chain activity that has drawn attention across the crypto ecosystem. The motive behind the movements remains unclear, whether they signal a major sale, restructuring of custody, or a novel use of the holdings. Recent Transactions […]
SpaceX, the aerospace firm led by Elon Musk, has once again made notable Bitcoin transfers, continuing a streak of large on-chain activity that has drawn attention across the crypto ecosystem. The motive behind the movements remains unclear, whether they signal a major sale, restructuring of custody, or a novel use of the holdings.
Blockchain analytics firm Arkham Intelligence tracked a transfer of 281 BTC, approximately USD 31 million at recent prices, from a Coinbase Prime custody account linked to SpaceX to a fresh wallet.
