CryptoQuant CEO: Tesla’s potential BTC sale less significant than Germany’s actions

Ki Young Ju, CEO of CryptoQuant, recently shared on X that Tesla has moved Bitcoin to new wallets. Ju said that even if Tesla were to sell, the market impact would be less significant than that of the German government's activities. From these transactions, the electric vehicle company could realize a profit of $515 million, in contrast to the $816 million profit the German government achieved. Reports indicate that Tesla has recently shifted a total of 11,509 BTC ($760 million) from its well-known wallets.