SpaceX Moves $105M in Bitcoin – Analysis of Institutional Impact

A massive Bitcoin transfer by the aerospace company SpaceX has sent ripples through the crypto market. With an estimated value of $105 million, the transaction involved 1,163 BTC moving to a new wallet. Analysis from blockchain experts suggests this move represents one of the largest institutional crypto transactions this month. The transfer, tracked by Onchain Lens, has sparked debate about how corporations approach cryptocurrency management.