Elon Musk’s SpaceX moves over $130M in BTC to new wallets with small transfer to Coinbase Prime
Crypto Briefing
SpaceX transferred over $130 million in Bitcoin to new wallets, including a small amount sent to Coinbase Prime.Summary
A wallet associated with Elon Musk's SpaceX executed a significant transfer of over 1,200 Bitcoin, valued at more than $130 million, to new addresses, with a minor portion ($150) sent to Coinbase Prime. This activity follows recent large Bitcoin movements by the company in late July and earlier this week, totaling hundreds of millions of dollars. The purpose of these transfers remains uncertain, but analysts suggest it might indicate internal storage reorganization rather than an immediate plan to liquidate the assets. Following these transactions, the SpaceX wallet still holds approximately 6,970 Bitcoin.
(Source：Crypto Briefing)