CryptoQuant CEO: If Tesla sells its Bitcoin, the impact will be slightly higher than half of the German government's

2024-10-16 17:26:47

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ChainCatcher message, regarding this morning's news that "Tesla has transferred Bitcoin for the first time in two years, moving $770 million worth of Bitcoin to multiple new addresses," CryptoQuant CEO Ki Young Ju stated that even if Tesla chooses to sell these Bitcoins, the impact would only be slightly higher than half of the German government's.

The actual profit of the German government is $816 million, while Tesla's as of today is $515 million.

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