SpaceX transferred 1.021 BTC (≈94.48 million USD) to a new wallet, according to on-chain data dated 10/12.
Activity detected by Onchain Lens. Large-scale transactions from institutions often attract attention as they can influence cryptocurrency market sentiment.
MAIN CONTENT
SpaceX transferred 1.021 BTC to a new wallet.
Estimated value around 94.48 million USD.
Source of tracking: Onchain Lens, dated 10/12.
Transaction details
SpaceX executed a transfer of 1.021 BTC to a new wallet address, recorded by the on-chain tracking tool Onchain Lens.
The estimated transaction size was approximately 94.48 million USD at the time of recording, indicating a significant asset movement among institutional wallets. Current data only confirms the amount of BTC, estimated value, and the transfer to the new wallet.
Organization: SpaceX
Assets: 1.021 BTC
Estimated value: 94.48 million USD
Date recorded: 10/12
Data source: Onchain Lens
Quick meaning
A large wallet transfer does not necessarily mean selling; additional on-chain signals are needed to conclude whether the actual cash flow is entering the exchange or being held.
Common reasons: enhanced security (cold storage transfer), UTXO consolidation/splitting, wallet governance restructuring, or corporate resource coordination. Investors should continue to monitor related movements and deposit/withdrawal activities on the exchange to assess price impact.
Source: https://tintucbitcoin.com/spacex-chuyen-1-021-btc-vao-vi-moi/
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