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International Business Times
International Business Times
Business
Marvie Basilan

Tesla-Linked Wallet Drops HODL Status, Moves All But $6 Worth Of Bitcoin

Tesla Inc. Bitcoin Elon Musk Arkham Crypto
Will Tesla sell $760 million in Bitcoin that it held for over two years? (Credit: Marco Verch/flickr)

KEY POINTS

  • The wallet moved $760 million in $BTC across multiple transactions Tuesday
  • The recipient wallets have yet to be associated to crypto exchanges
  • The Tesla-labeled wallet HODLed its stash for more than two years before the transfers

A wallet linked to electric vehicle titan Tesla has moved some $760 million worth of Bitcoin to new digital wallets, leaving the main wallet with only $6.74, marking the first time since the said wallet transferred anything in more than two years.

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