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@ucf
Arkham Intelligence data shows that Tesla has transferred its Bitcoin reserves for the first time in over two years, causing panic among some Bitcoin traders. CryptoQuant community analyst Maartunn stated that he speculates that Tesla may transfer BTC for several reasons: 1. Compliance or internal audit: Tesla may transfer Bitcoin to fulfill accounting or legal obligations related to reporting or internal audit; 2. Wallet management: Tesla may use multiple wallets for operational purposes, but this situation seems unlikely; 3. Restructuring funds: A part of the strategy to restructure Bitcoin holdings in response to future sales or loans. @seungyeon
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