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SpaceX Transfers 1,163 Bitcoin Worth $105M to New Wallet

SpaceX Transfers 1,163 Bitcoin Worth $105M to New Wallet

Cryptocurrency

SpaceX Transfers Bitcoin

A crypto wallet linked to SpaceX has transferred 1,163 Bitcoin, valued at approximately $105 million, to a new wallet. This move follows a significant transfer last month when the company moved $268 million in Bitcoin. According to Arkham Intelligence data, the recent activity is likely related to custody adjustments rather than asset liquidation.

Key Insights

  • SpaceX shifted 1,163 Bitcoin, valued at $105 million, to a new wallet.
  • The current wallet balance is 6,095 Bitcoin, worth nearly $553 million.

After a period of dormancy, the wallet resumed operations in late July, moving $153 million in Bitcoin. Bitcoin is currently valued at approximately $91,000, marking a 3.5% increase over the past 24 hours, as reported by CoinGecko.

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