đ Will Elon Musk Sell Bitcoin?
đđ
It seems possible. Around 19 minutes ago, Bitcoin activity was spotted in Tesla's wallets, which are linked to Elon Musk. These transfers involved small amounts moving to new addresses, a common step before significant transactions. Corporations and large holders ("whales") typically use this method to ensure a smooth transfer before moving larger sums.
If Tesla made this transfer, there are two possible scenarios:
1ïžâŁ Tesla could be distributing their 11,509 BTC across different wallets.
2ïžâŁ They might be preparing to sell Bitcoin valued at $767 million.
The empty recipient addresses point to two potential conclusions:
đč The transfers may be headed for Coinbase Prime or other over-the-counter (OTC) exchanges.
đč Alternatively, Tesla might be setting up new wallets, possibly cold storage.
Weâll likely know the reason behind this movement within the next 1-2 hours.
#Bitcoin đ° $BTC #ElonMuskUpdates