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Government-Linked $1 Billion Bitcoin Transfer Led to Coinbase Prime Addresses

Summary by The Defiant
The October 8 transaction passed through unlabeled addresses before reaching Arkham-labeled Coinbase deposits. That establishes an exchange-linked destination, not a sale.
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The transfer of Bitcoin of the US government of 8 October 2026 brought 12,267.02 BTC, about 1.01 billion dollars, to Coinbase Prime. The starting wallet was linked to the seizure of the Bitfinex hack of 2016. Key points Between 6 and 8 October the government-related wallets moved in Bitcoin an estimated [...]

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cryptocrunchapp.com broke the news on Thursday, October 22, 2026.
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