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CryptoQuant CEO: If Tesla sells bitcoin, the impact will be slightly more than half of the German government

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2024-10-16 09:31:41
In response to the news this morning that "Tesla made its first bitcoin transfer in two years, transferring $770 million of bitcoin to multiple new addresses," CryptoQuant CEO Ki Young Ju said that even if Tesla chose to sell these bitcoins, the impact would only be slightly more than half that of the German government.
The German government's actual profit was $816 million, while Tesla's was $515 million as of today.
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