Tesla transferred its $760 million in Bitcoin assets this week, attracting widespread market attention. CryptoQuant community analyst Maartunn proposed four possible reasons: one is to meet compliance requirements or internal audits; the second is wallet management, although this possibility is lower because the new address uses a similar P2PKH address format; the third is to reorganize funds for future sales or loans, which is similar to Mt. Gox's fund operations; the fourth is that UTXO mergers may be underway to reduce the cost and increase the speed of future transactions. According to Arkham data, these bitcoins did not flow to exchanges, alleviating market concerns about sell-offs. At present, Tesla or Elon Musk has not officially responded to the transfer. (CoinDesk)