According to Spot On Chain monitoring, the U.S. government transferred 19,800 BTC ($1.92 billion) 9 hours ago, of which 10,000 BTC ($962.9 million) were sent to Coinbase.

So far in 2024, the U.S. government has transferred a total of 25,999 BTC ($2.49 billion) to Coinbase. However, these transfers appear to be custodial actions rather than sales.

Currently, the U.S. government still holds approximately 183,850 BTC ($17.57 billion) across various known addresses.