While electric car maker Tesla recently moved its entire holdings of Bitcoin, raising concerns about market dumping, the assets are still held by Tesla.
Blockchain analysis company Arkham said, "The Tesla wallet activity reported last week indicates that the Bitcoin is still in Tesla's possession.
"I think it was a wallet exchange." On the 15th of last month, Tesla transferred all of the company's Bitcoin assets to an unconfirmed wallet. According to Arcam, the company said on the same day,
The 11,509 bitcoins were split into seven wallets, each holding between 1,100 and 2,200 BTC. The wallet addresses "1Fnhp" and "1LERL" held 104,222,000 BTC each.
The two largest amounts received were $128.1 million and $100.0 million, respectively. This massive move initially raised fears of potential market dumping, and X
This caused fears on social media platforms such as Twitter. However, according to Arcam data, these wallets have not been able to hold any Bitcoin since the 15th.
Tesla has not moved any funds. Also, according to CoinGecko data, Tesla's movements have not been reflected in the price of Bitcoin, and the price of Bitcoin has not changed by more than 1.5% since Tesla's movements on October 21.
The price of rose 5% to $69,220, after which the price of Bitcoin fell 2.3% to $67,600.
It's unclear exactly why Tesla sent the bitcoin, but Arcam said some observers believe the funds may have been moved to a trust company to secure a loan.
I'm just speculating."
2024/10/23 16:25 KST
Copyright(C) BlockchainToday wowkorea.jp 117