Overview
- Arkham Intelligence tracked a 281 BTC (about $31 million) move on October 30 to a freshly created address, the latest in a trio of transfers this month.
- Across the three October transactions, SpaceX shifted roughly $432–$450 million in Bitcoin, following earlier moves of about 2,395 BTC and 1,215 BTC.
- Lookonchain and other trackers show funds routed through Coinbase Prime, with portions briefly cycling back to a SpaceX-linked wallet and no selling detected from the new addresses.
- Bitcoin fell roughly 2–4% to near $108,000 around the time of the latest transfer, with traders also pointing to Federal Reserve comments as a factor.
- Public estimates of SpaceX’s holdings vary from about 7,000 to 8,285 BTC, while Tesla is tracked at 11,509 BTC, and SpaceX has not commented on the recent activity.