Tesla Bitcoin Wallet Activity A Rotation, Not A Sell-Off, Says Analytics Firm As Elon Musk-Headed EV Giant Expected To Reveal Q3 Numbers
Posted On October 23, 2024
Elon Musk’s EV juggernaut Tesla Inc. (NASDAQ:TSLA) was reportedly still in possession of its Bitcoin (CRYPTO: BTC) holdings, and the recent transfers were nothing but reallocation.
What Happened: On-chain analytics firm Arkham Intelligence posted an update on X on Tuesday, saying, “We believe that the Tesla wallet movements …