CryptoQuant CEO: If Tesla sells Bitcoin, the impact will be slightly more than half of the German government
In response to the news this morning that "Tesla conducted its first Bitcoin transfer in two years, transferring $770 million worth of Bitcoin to multiple new addresses," CryptoQuant CEO Ki Young Ju said that even if Tesla chooses to sell these Bitcoins, its impact will only be slightly higher than half of the German government's profit. The actual profit of the German government is $816 million, while Tesla's profit as of today is $515 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB breaks through $600
In the past hour, short orders were liquidated for nearly $16 million
Grayscale GBTC has bought $45.8 million worth of BTC this week
Why Ripple’s $25M Boost for Bitnomial Is XRP’s Next Big Move
Trending news
MoreCrypto prices
More
