Government-Linked $1 Billion Bitcoin Transfer Led to Coinbase Prime Addresses
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5 Articles
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 [...]
Government-Linked $1 Billion Bitcoin Transfer Led to Coinbase Prime Addresses
The October 8 transaction passed through unlabeled addresses before reaching Arkham-labeled Coinbase deposits. That establishes an exchange-linked destination, not a sale.
Arkham CEO On $1 Billion Of U.S. Government Bitcoin Moved To "Unknown" Wallet
A US government-linked wallet just moved about $1 billion in Bitcoin from the Bitfinex hack, and the market wants to know if a sale is coming. Arkham Intelligence CEO Miguel Morel explains what the transaction trail shows, what it can’t show, and why it’s still unclear whether the coins are being sold or moved to a new custodian. He also breaks down how disposal orders and the Strategic Bitcoin Reserve factor in. Chapters:00:00 US Government Mov…
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