BREAKING: Tesla Moves Bitcoin for the First Time in Two Years
For the first time in a long time, a transfer was made from the cryptocurrency wallets of Elon Musk's electric car giant Tesla.
According to a last-minute development, activity was observed for the first time in two years from one of the cryptocurrency wallets marked as belonging to Tesla.
A total of $75 worth of BTC was transferred from one wallet containing $767 million worth of Bitcoin to another wallet minutes ago.
The meaning of this transaction and whether it will continue is not yet known. The wallet to which the BTCs were transferred is not labeled as belonging to any organization, according to Arkham data.
Update:
It was understood that the $75 transaction was likely a test transaction, and shortly after, a massive $228 million worth of Bitcoin flowed out of Tesla’s crypto wallets.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic under fire for alleged AI-fabricated citation in copyright lawsuit
Share link:In this post: Music companies claim Anthropic used AI to create a fake academic citation in court. A judge has ordered Anthropic to respond to the allegation, which it calls an unintentional error. This case is part of a larger wave of copyright lawsuits against AI firms over unauthorized use of creative content.
DeFi Just Got Real: JPMorgan Takes a Historic Leap into Blockchain Finance
PRAIUSDT now launched for futures trading and trading bots
'Pixelmon' to Launch 'Warden's Ascent' RPG and Idle Mobile Games on Avalanche—Here’s Why
Trending news
MoreCrypto prices
More
