Elon Musk's SpaceX Moves $153 Million Bitcoin After 3-Year Sleep
According to Arkham Intelligence data, Elon Musk’s SpaceX has moved around 1308 Bitcoin (BTC) worth nearly $153 million to a new wallet after almost 3 years of dormancy. The motive behind the transfer is still unclear. The space exploration company could be moving its holdings to cold storage, or may be reshuffling its assets. Arkham data shows that the firm holds about 6977 BTC, valued at $823.9 million. Source: Arkham Bitcoin Dips Amid Elon Musk’s SpaceX Wallet Transfer Source: Boss Hunting Bitcoin (BTC) climbed to a new all-time high of $122,834 on July 14. The original cryptocurrency has since dipped to the $188,000 price level. BTC has faced a 0.6% correction in the last 24 hours. Despite the dip, the asset continues to trade in the green zone across other time frames. BTC is up 1.2% in the weekly charts, 9.1% in the 14-day charts, 15% over the previous month, and 75.6% since July 2024. Source: CoinGecko Bitcoin’s (BTC) price has seen a slight decline over the las...