#2024WithBinance Some 19,800 BTC linked to Silk Road were moved to Coinbase Prime on Monday, blockchain data shows, possibly foreshadowing the U.S. government selling the seized assets.

BTC dipped below $96,000 following the transfer.

The U.S. Marshals Service, a division of the DOJ, announced a partnership with Coinbase Prime to "safeguard and trade" the government's large-cap digital assets.