According to @lookonchain, SpaceX transferred 281 BTC worth about USD 31.28M to a new wallet, based on Arkham Intel entity data shared in the post, which is directly relevant to whale-flow monitoring for BTC traders; source: Lookonchain on X; intel.arkm.com/explorer/entity/spacex. @lookonchain adds this is the third movement of SpaceX-linked BTC in the past 10 days and suggests the activity is likely custody-related, which frames the transfers as consolidation rather than imminent sell pressure; source: Lookonchain on X. For trading execution and risk management, @lookonchain’s link to the Arkham entity enables tracking of follow-on flows to exchanges versus self-custody, a key signal for short-term liquidity and volatility setups in BTC; source: intel.arkm.com/explorer/entity/spacex; Lookonchain on X.