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SpaceX Bitcoin Wallet Sends $88 Test Transfer After Six Months of Silence on Wednesday, Signaling Possible Larger Movement

2026-07-08 15:32:21

BTC-2.87%

According to on-chain analytics platform Arkham, a SpaceX-linked Bitcoin wallet moved funds for the first time in six months on Wednesday, sending an $88 test transaction to another SpaceX-tagged address.

Arkham noted that similar wallet activity has historically preceded substantially larger transfers, with prior movements ranging from tens of millions to more than $140 million involving SpaceX-tagged addresses. SpaceX currently holds approximately 18,712 BTC valued at around $1.29 billion.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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