Overview
- Arkham Intelligence flagged a Dec. 5 transfer of roughly 1,083 BTC from a SpaceX-linked wallet into a previously unused address.
- Arkham’s dashboard still shows more than 5,000 BTC across labeled SpaceX holdings, valued near $500 million.
- The relocation extends a multi-week pattern of outbound transactions that analysts view as rebalancing or internal consolidation.
- Earlier flows often appeared to route toward Coinbase Prime, but the latest destination has not been identified as Coinbase Prime.
- The shift occurred with Bitcoin near $91,000 and during broader year-end institutional repositioning, while SpaceX has offered no explanation.