SpaceX Moves $268 Million in Bitcoin to Two New Wallets

On-chain monitoring revealed that space exploration company SpaceX recently transferred $268 million worth of Bitcoin to two unmarked addresses. This move follows a period of inactivity for the wallet, which had not seen any transactions for over three months. 2,395 BTC were sent out in two separate transactions. While market watchers are keeping a close eye on this move, experts suggest it could simply be standard wallet reorganization.