This year, the U.S. government transferred nearly $1 billion in BTC to Coinbase in three installments, and in both of the first two transfers, BTC dropped by 5% within three days

2024-08-15 14:39:30

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ChainCatcher news, according to Lookonchain monitoring statistics, the U.S. government has transferred a total of 15,940 bitcoins to Coinbase Prime in three batches this year, worth approximately $966.4 million.

Statistics show that within three days after the first two transfers, the price of BTC dropped by about 5%.

Previous news, a U.S. government-associated address starting with bc1ql transferred 10,000 BTC to the Coinbase Prime wallet 1 hour ago, worth approximately $593.5 million.

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Column Tracking of encrypted financial data by governments around the world

This topic will track and analyze the trends of government cryptocurrency assets in various countries.