According to TechFlow, according to Lookonchain monitoring, the US government address transferred 15,940 $BTC (966.4 million USD) to Coinbase Prime through three transactions this year. Within three days after the first two transfers, the price of $BTC fell by about 5%.

Earlier today, it was reported that the address that had received BTC from the US government transferred 10,000 BTC to Coinbase Prime this morning.