Crypto Wallets Linked to SpaceX Transfer $133M in Bitcoin
Crypto wallets linked to Elon Musk's SpaceX transferred $133.4 million worth of Bitcoin on October 24, causing market reactions.
- The transfer occurred at around 4:30 p.m. CET when Bitcoin was priced near $111,200.
- Following the transfer, Bitcoin briefly dropped to $109,938 before recovering to approximately $110,500.
- The originating account still holds 6,970.45 BTC, valued at about $770.4 million.
- These holdings are reportedly split between cold storage and Coinbase Prime custody, suggesting an exposure adjustment rather than a full sell-off.
Elon Musk's Crypto Interactions This Week
- Musk posted a humorous video of Floki Inu, sparking interest in Dogecoin and other meme tokens.
- The social media platform X unveiled plans for a "Handles Marketplace," potentially integrating Dogecoin or crypto payments.
SpaceX's total Bitcoin holdings remain undisclosed, but Musk has publicly supported Bitcoin.
SUBBD Presale Update
- Interest in AI projects like SUBBD has grown following the SpaceX Bitcoin transaction.
- SUBBD's presale has reached over $1.3 million of its $1.4 million target, with tokens priced at $0.057.
