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BTC $69,552.99 -4.55%
ETH $1,972.29 -0.53%
BNB $680.51 -1.19%
XRP $1.26 -2.91%
SOL $79.39 -2.03%
TRX $0.3405 -3.12%
DOGE $0.0989 -0.85%
ADA $0.2235 -3.25%
BCH $285.24 -1.01%
LINK $8.81 -2.08%
HYPE $71.29 -1.00%
AAVE $77.70 -4.21%
SUI $0.8453 -3.64%
XLM $0.2299 -9.10%
ZEC $560.16 +2.47%

Data: The U.S. government-related wallets still hold nearly $12 billion in Bitcoin

2024-08-17 14:13:47
Collection

ChainCatcher news, IntoTheBlock tweeted that the U.S. government recently transferred $600 million worth of seized Bitcoin from the dark web Silk Road to Coinbase Prime. While deposits to exchanges typically indicate a sell-off, this transfer may be for custody purposes. Wallets associated with the U.S. government still hold nearly $12 billion in Bitcoin.

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