According to blockchain trackers and reporting by market outlets, SpaceX moved 1,215 BTC — roughly $133 million — into new wallet addresses late last 0 transfers were flagged by analytics firms on October 24, 1 company has not issued an explanation for the 2 Wallets Receive Large Transfers Blockchain data shows the movement split into roughly 300 BTC (about $33 million) and 915 BTC (about $100 million). Based on reports, the destination addresses are newly created or newly associated with the company and are not yet broadly labelled on public trackers. On-chain records list timestamps and transaction IDs, but the transfers are otherwise standard Bitcoin transactions with typical 3 ALERT: SPACEX MOVING $130M $BTC SPACEX JUST MOVED FUNDS TOTALLING $133.7M.
THEY TRANSFERRED 300 BTC ($33M) AND 915 BTC ($100.7M) TO NEW WALLETS THIS COMES 3 DAYS AFTER THEIR LAST MOVE OF 100 BTC 4 — Arkham (@arkham) October 24, 2025 SpaceX’s Known Holdings And Recent Transfers Before these moves , wallets linked to SpaceX were reported to hold about 8,285 BTC, a stash valued at roughly $914 million when Bitcoin traded above $110,000. The firm has engaged in large transfers before, and this action joins a string of high-value on-chain movements by corporate holders over the past 5 size of the transfer and the profile of the sender drew immediate attention because SpaceX ranks among the larger private-company holders of 6 Public Explanation From SpaceX SpaceX has not confirmed whether the transfers represent a sale, a custodial change, or an internal tidy-up of 7 have disclosed that analysts, watching the chain, tend to treat such moves as either custody rearrangements or preparatory steps for other 8 observers say shifting coins between company-controlled addresses is a normal part of treasury 9 warn that without a statement, market observers will assume the worst or the most market-sensitive option: 10 Reaction And Wider Context While the transfers did not prompt a major price shock, they did spark conversations and volatility in trading 11 trackers and exchanges flagged the transfer for a short time, and some crypto commentators took note of timing while prices were near recent 12 investors, these are moves worth nothing.
A large on-chain transfer from a corporate wallet changes the demand picture around available supply for sale, will continue to exist, even if the coins are ultimately still held in the company’s custody. On-Chain Clues And Takeaways Analysts identify a few clues on chain: the addresses are recently used, no immediate moves to exchanges, and the transfer is in multiple 13 clues support the idea that the transaction is internal, meaning co-mingling coins from two cold storage wallets or simply moving coins to a new custodian. Still, until SpaceX or a trusted representative comments, any explanation is provisional and should be treated 14 image from Getty Images, chart from TradingView
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