Key takeaways
- SpaceX transferred 2,495 bitcoins worth $268 million in its first on-chain transaction in nearly three months.
- After this move, the wallet linked to SpaceX still contained 5,790 bitcoins worth $625 million.
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A SpaceX-linked wallet moved about 2,495 bitcoins (BTC) worth approximately $268 million to new addresses today, Arkham. Data He appears.
The wallet, which was labeled as belonging to Elon Musk’s space exploration company, last showed activity on July 22 when it transferred $153 million in bitcoin, its first movement in three years.
After today’s transfer, the SpaceX-linked wallet holds a balance of 5,790 bitcoins, valued at about $625 million at current prices.
Bitcoin fell below $108,000 amid US-China trade tensions and global macroeconomic uncertainty, sparking risk-off sentiment in global markets. ETF data shows investors are withdrawing money, with U.S.-traded bitcoin ETFs recording $40 million in outflows on Monday, including $100 million redemptions from BlackRock’s iShares Bitcoin Trust.
Market strategists expect extreme volatility to continue until trading conditions stabilize.
