SpaceX Dumping Bitcoin? Rumors Send BTC Under $90K ā Hereās the Truth
Panic on X: āSpaceX just moved $200M+ in BTC ā Elon is selling!ā
BTC instantly dumps below $90,000.
But letās look at the actual data (Arkham + on-chain):
- SpaceX moved ~2,246 BTC in the last 24h
- Still holds over 5,000+ BTC (~$450M)
- NONE of the receiving wallets are linked to Binance, Coinbase, or known OTC desks yet
- Most transfers point to multi-sig upgrades or cold storage rotation
Translation: Classic corporate wallet housekeeping.
Zero confirmed selling so far.
So why did BTC really drop?
- Massive US spot ETF outflows
- Fear of prolonged high rates + BoJ hike rumors
- Broader risk-off across markets
Bottom line:
SpaceX shuffling coins ā SpaceX dumping coins.
FUD is moving faster than facts again.
Stay calm, zoom out, and donāt get rekt by rumors.
Whoās still holding strong? Drop a š below.
#Bitcoin #BTC #SpaceX #ElonMusk