Wu said that according to Arkham monitoring, the US government-associated address wallet (starting with bc1ql) transferred 10K BTC (worth about 593 million US dollars) to the Coinbase Prime wallet (starting with 33JEE) at 23:38 UTC+8 on August 14. bc1ql received 10,000 BTC from a known US government wallet two weeks ago, which was funds seized in the Silk Road law enforcement operation. There are currently 203.239K BTC and other cryptocurrencies remaining in the US government-associated wallet address, worth about 12.347 billion US dollars. Analysts said that deposits to exchanges usually indicate an intention to sell assets, but this transfer may be for custody reasons, because the US Marshals Service, an agency under the US Department of Justice, announced last month that it had established a partnership with Coinbase Prime to "protect and trade" large digital assets.