Elon Musk Sells ALL His Crypto! ⚠️ True or False

🎯 Elon Musk's Tesla has significantly reduced its Bitcoin holdings. In October 2024, on-chain data revealed that Tesla transferred over 11,500 BTC—valued at approximately $760 million—to unknown wallets, leaving only about $6.65 in its Bitcoin wallet .

⚙️ This move follows Tesla's earlier decision in July 2022 to sell 75% of its Bitcoin holdings, worth about $2 billion at that time, citing concerns over the cryptocurrency's volatility and its impact on liquidity .

📽️ Despite these actions, there is no public indication that Elon Musk has sold his personal Bitcoin holdings. In April 2021, he stated that Tesla had sold 10% of its Bitcoin to demonstrate its liquidity as a cash alternative, while confirming that he had not sold any of his personal BTC. (bloomberg)

🎯 It's important to note that these transactions pertain to Tesla's corporate holdings and not Musk's personal investments.

$BNB #CEXvsDEX101 #TradingTypes101 #MarketPullback #BinanceAlphaAlert #PCEMarketWatch