SpaceX Moves $105M in Bitcoin to New Wallets

SpaceX has executed a significant strategic movement of its BTC holdings, transferring a total of$105.23Min BTC to two newly created, unmarked wallets. This substantial on-chain activity, confirmed by Arkham and reported by The Block, indicates a deliberate reallocation of assets rather than an immediate sale, as both recipient wallets are currently holding the transferred funds with a slight unrealized profit.