According to the source, SpaceX-linked Bitcoin activity shows additional wallet movements with no confirmation of sales or stated intent, keeping the market focused on follow-up flows. Source: the source post dated Oct 30, 2025. Traders are watching for subsequent hops into known exchange deposit clusters because rising exchange inflows have historically aligned with increased near-term sell pressure. Source: Glassnode research on exchange inflows and price impact. In contrast, movements between self-custody or custodian addresses without exchange tagging are typically price-neutral in the short term. Source: Chainalysis Market Intel reports on internal transfers versus exchange flows. Actionably, monitor exchange netflow, large deposits into exchange-labeled wallets, and futures basis/funding for directional cues over the next 24–72 hours. Sources: Glassnode exchange netflow dashboards; Binance Futures and Deribit market data.