US Government Moves Over $131,000,000 in Bitcoin to Coinbase As It Offloads Seized BTC: On-Chain Data

The US government moved more than $131 million worth of seized Bitcoin (BTC) to Coinbase, according to multiple blockchain-tracking firms. The crypto tracker Lookonchain notes the US government recently transferred a total of 30,174.703 BTC (worth $1.98 billion), of which 2,000 BTC (worth $131.65 million) went to the Coinbase Prime wallet. The blockchain intelligence firm […] source: https://dailyhodl.com/2024/04/04/us-government-moves-over-131000000-in-bitcoin-to-coinbase-as-it-offloads-seized-btc-on-chain-data/