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SpaceX moved a fresh chunk of Bitcoin this week, and traders took notice. According to blockchain trackers, the space company shifted 281 BTC on Thursday, a transfer valued at about $31.33 million.
The move came as Bitcoin slid back under $110K following hawkish remarks by Federal Reserve Chair Jerome Powell, and it added fuel to market chatter.
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SpaceX Wallet Movements Raise Questions
According to Arkham Intelligence and on-chain sleuth Lookonchain, the transfer was part of a larger set of transactions that saw more than 1,207 BTC leave a wallet linked to SpaceX.
Reports have disclosed that 281 BTC — the unspent portion — was sent to a bc1qmg address, while $19.33
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