Date: July 22, 2025

Transaction: 1,308 BTC (~$152–153M) moved to a fresh wallet

Source: On-chain data via Arkham Intelligence, Lookonchain


🔍 What Happened


  1. SpaceX transferred 1,308 BTC in a single on-chain transaction—their first movement since 2022.

  2. The BTC was consolidated from 16 old wallets into a single SegWit address, suggesting a wallet upgrade.

  3. No BTC has been sold or moved from the new wallet since the transfer.

🧠 What It Means

Not a sell-off: No BTC has hit exchanges.

Security upgrade: Analysts suggest this is cold wallet rotation or treasury optimization.

HODL confirmed: SpaceX still holds 6,977 BTC—over $810M, making it a top corporate holder alongside Tesla and MicroStrategy.

🌍 Market Context

Bitcoin trades near $120K, and this move adds confidence—not fear—to the market.

The transfer was flagged by on-chain bots like Lookonchain and covered by Cointelegraph, Binance Square, and Coindesk.

📊 For Binance Traders

✅ No bearish pressure

🚨 No signs of sale or liquidation

🏦 Long-term holding strategy likely intact

🔗 #SpaceX #BTC #OnChainData #ElonMusk #CryptoMarket4T

$BTC