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via CoinDesk · By CoinDesk Staff
Are retail traders selling bitcoin to buy Elon Musk's SpaceX IPO?
BTC
BTC/USDT
$84,117.94
+0.03%
$84,117.94
+0.03%
(24s)24h Volume
$15,313,068,373.70
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate
+0.0009%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(09:45 AM UTC)
1 min read
Exchange flows and stablecoin movements through this week's sell-off show no wall of money leaving crypto for cash. Exchanges such as Robinhood and Coinbase will not publicly reporting their figures until July.
Some online chatter seems to speculate that retail investors may be selling crypto to chase the biggest IPO ever.
The Elon Musk-owned rockets, satellite and AI company SpaceX is selling up…
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