Crypto Investors Refuse to Panic Sell Amid SpaceX IPO

The SpaceX IPO has been touted as one of the biggest liquidity events in history. However, contrary to expectations, crypto investors are not rushing for the exit.

No major stablecoin outflows or large-scale crypto redemptions have been observed in response to the IPO. In fact, the data suggests that holders are holding onto their assets, with significant amounts of Bitcoin and Ethereum leaving exchanges.