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
[Initial Listing] Bitget to list Permacast (PWT) in the AI zone
Bitget's announcement on SWARM price abnormality and compensation plan
Notice of Delisting 2 Spot Trading Pairs on August 28, 2026
Bitget to Adjust CFD Leverage During Special Trading Periods in the Fourth Week of August 2026
Crypto prices
More
