According to recent blockchain data, Tesla's Bitcoin (BTC) wallet has made a significant transfer of tokens to an unidentified wallet.
In a recent turn of events, activity has been detected for the first time in two years from a cryptocurrency wallet associated with Tesla.
A series transfer of transactions in Bitcoin occurred from a wallet holding approximately $767 million worth of BTC to a different address – apparently test transactions. Moments after that BTC worth $228 million were moved.
The implications of this transaction and its potential for further movement remain unclear. Notably, the receiving wallet is not identified as belonging to any specific organization, as indicated by Arkham’s data.
Edit: The total sum of these transfers amounted to over $502 million, not $230 million, which were initially reported.