Here we go again! SpaceX’s Bitcoin wallet is up to something once more.

On-chain data doesn’t lie: 1,083 BTC were just transferred out, with a market value close to $100 million ($99.81 million). Coincidentally, this is the second large-scale transfer within a week. The previous batch is still quietly sitting in a new address, and now another 800 coins (worth $73.71 million) have been moved into another never-before-used wallet—the address starts with bc1qy…xv5g9.

After the transfer, nothing. Complete stillness.

There are three layers of meaning behind this:

**First, flexing muscles.** SpaceX currently holds over 8,200 BTC, with a total value approaching $914 million, ranking fourth among private companies worldwide. Moving assets of this magnitude is a market signal in itself.

**Second, playing mind games.** Regularly moving massive assets to brand-new, untagged addresses, then making no further moves. You can’t tell if the next step is to liquidate, accumulate more, or just test security. This uncertainty is the root cause of anxiety.

**Third, zero official explanation.** No announcements, no explanations, no hints. Everyone can only stare at the on-chain data and spin their own theories.

Simply put, it’s like a giant whale surfacing and diving repeatedly right in front of you. It doesn’t attack, but you never know what it’ll do next. And that “not knowing” is enough to keep the market on edge.

Who’s holding the remote? No need to ask.