A noteworthy movement has occurred from SpaceX's crypto wallet: exactly 1,021 BTC, worth approximately $94 million, has been transferred to a new address.



Market observers are discussing what might be behind this transfer. The most likely scenario? Assets being moved to Coinbase Prime's institutional custody system. Custody solutions preferred by major players are quite common, especially for such large amounts.

Musk's companies' crypto strategy has always been a topic of curiosity. This recent move also brings the asset management tactics of institutional Bitcoin holders back into focus.
BTC1.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
BankruptWorkervip
· 1h ago
94 billion just by a little move, and we're still calculating the accounts here
View OriginalReply0
FOMOSapienvip
· 2h ago
SpaceX is playing with Bitcoin again, moving around 9.4 billion, this guy really can't sit still
View OriginalReply0
LightningSentryvip
· 2h ago
$9.4 billion just like that, a big shot is truly different.
View OriginalReply0
AirdropSkepticvip
· 2h ago
Moving 9.4 billion USD, what new tricks are they up to?
View OriginalReply0
zkProofInThePuddingvip
· 2h ago
It's funny to keep this so secret for 94 million dollars, everyone already knows what SpaceX is doing.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)