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Umar Draz 651
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Tesla Relocates $760M Worth of Bitcoin, While Spacex Funds Remain Untouched On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $760 million, from its well-known wallets. At this time, it’s suspected that the funds have been relocated to new wallets, although this remains unconfirmed. Tesla’s Bitcoin Exodus Tesla has emptied its bitcoin holdings, with all assets sent to unknown wallets. Interestingly, all the addresses receiving the funds were legacy-style P2PKH (Pay to Public Key Hash) addresses. The first batch of BTC, detected by Arkham Intelligence, involved 1,800 BTC sent to a wallet starting with “1D6Vh,” where the funds remain untouched as of now. The same holds true for the remaining 11,509 BTC, which was moved in a series of roughly 20 distinct transactions, collectively valued at over $760 million. Elon Musk‘s Spacex, with its holding of 8,285 BTC valued at $555.47 million, adds another layer to the broader narrative of his companies’ significant involvement in cryptocurrency. As Tesla moves its funds, attention turns to Spacex’s strategy. The alignment of these massive holdings suggests a calculated approach, leaving speculation on how these assets will be managed. It remains uncertain if these coins were sold or merely transferred. The large-scale movement of Tesla’s bitcoin could signal strategic repositioning or enhanced security measures, raising questions about the company’s future crypto intentions. While the destination and purpose of these funds remain unclear, this transaction has undoubtedly caught the attention of analysts and crypto enthusiasts alike, sparking curiosity about Tesla’s evolving role in the digital asset space. #BTC☀ #bitcoin☀️ #Btctopcrypto #BTCSurges67K
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Exchanges BTC Long/Short Ratio 9.23AM Pakistan Time #BTC500K #BTC500K #BTC100Ksoon
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Tesla is SELLING ALL of their Bitcoin. Tesla moved $760M of their BTC today. If they decide to sell - Bitcoin price will crash. You think they would never do that? They already sold $936M in 2022... at a $200M loss #BTCSurges67K #BTCUptober #BTC☀ #BTC500K
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#BTC☀ market is volatile today, sometimes buyers take Bitcoin up and sometimes sellers bring it down, but in this fight buyers are heavy and a big breakout could be seen. #BTC☀ #BTC500K #btc70
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#BTC☀ has touched 66545 resistance level 10-15 times but failed to break, swimming between 66545 and 65000 level, if it breaks 66545 resistance level then next level is 70081. But market analysis and fundamental analysis reveal to us the fact that the market is going down because the market potential has been exhausted. So the market can go up to 70081 level showing a strong bullishness #btc #BTCBreaks66K #Bitcoin❗ #BitcoinBeliever
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