🚨🚨 Breaking News 🚨🚨
US Govt transfers 30,175 bitcoins to Coinbase
Late Tuesday morning, a wallet marked as belonging to the U.S. government transferred 30,175 bitcoins to a wallet reportedly belonging to Coinbase, As reported by Coindesk.
At Bitcoin’s (BTC) current price of around $65,000, this roughly translates to around $2 billion worth of tokens.
The last confirmed sale by the U.S. government was in March 2023, when they sold 9,861 bitcoins for $216 million from approximately 50,000 bitcoins associated with the Silk Road website that were seized in late 2022.
This morning’s Bitcoin transfer was to an unconfirmed wallet, but Arkham Intelligence has flagged the wallet as belonging to crypto exchange Coinbase.