SOL Breaks Through 185 USDT, SOL/ETH Exchange Rate Sets New Historical High

Original author: BitpushNews Crypto markets rose on Tuesday as Teslas bitcoin holdings were almost entirely moved after a two-year hiatus. According to Arkham Intelligence data, at around 21:30 UTC on October 15, addresses associated with Tesla transferred BTC (11,509 coins) worth approximately US$765 million in batches to multiple unknown wallets, which appears to be the companys entire remaining Bitcoin reserves. Bitpush previously reported that in the first quarter of 2021, after Bitcoin rose to a high of nearly $62,000, Tesla sold $272 million worth of Bitcoin, making a profit of $128 million. The company also sold $936 million worth of Bitcoin in the second quarter of 2022, bringing in $64 million in profits. The purpose of the latest transfers is unclear, with some analysts believing Tesla may simply be making…