BREAKING: Tesla Moves Bitcoin for the First Time in Two Years
For the first time in a long time, a transfer was made from the cryptocurrency wallets of Elon Musk's electric car giant Tesla.
According to a last-minute development, activity was observed for the first time in two years from one of the cryptocurrency wallets marked as belonging to Tesla.
A total of $75 worth of BTC was transferred from one wallet containing $767 million worth of Bitcoin to another wallet minutes ago.
The meaning of this transaction and whether it will continue is not yet known. The wallet to which the BTCs were transferred is not labeled as belonging to any organization, according to Arkham data.
Update:
It was understood that the $75 transaction was likely a test transaction, and shortly after, a massive $228 million worth of Bitcoin flowed out of Tesla’s crypto wallets.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump’s Truth Social Files Bitcoin ETF Application
Dogecoin’s Potential Rally to $5: Evaluating Market Speculation
XRP Closes Bearish, Institutional Interest Remains High
Dogecoin Faces Potential Further Decline Amid Musk-Trump Feud and Bearish Market Signals
Trending news
MoreCrypto prices
More
