🚀 The US government has made a stellar move, transferring a whopping 3,940 Bitcoin to a Coinbase Prime wallet, says Arkham Intelligence. This stash was seized from the notorious drug trafficker, Banmeet Singh. After his arrest, Singh had to surrender over 8,100 Bitcoin, the largest seizure by the DEA. But hold your horses, folks! Fears of a government sell-off are running wild, especially after Germany started unloading its Bitcoin. The US government, the largest state holder of Bitcoin, also has a hefty stockpile. Meanwhile, the Mt. Gox bankruptcy estate is adding to the selling pressure. But don't worry, exchange balances are at a 6-year low, acting as a price-stabilizing superhero! 🦸‍♂️