U.S. government moves over $100 million in bitcoin (BTC) and BNB.
On-chain analysts said the transfers could be custody moves, but no federal agency has announced a sale.
- On Tuesday, Government-linked wallets transferred more than $100 million in crypto, according to blockchain intelligence firm Arkham. The transactions included 833.6 BTC and 40,285 BNB, prompting speculation regarding potential asset liquidation.
- The Bitcoin was sent to Coinbase Prime, while the BNB passed through several addresses before reaching an unlabeled wallet. EmberCN data indicates the BTC reached the platform, though this does not confirm a sale.
- President Donald Trump signed an executive order in March 2025 creating the Strategic Bitcoin Reserve and Digital Asset Stockpile. Bitcoin deposited into the reserve "shall not be sold" under the order.
- "A transfer is not the same as a sale," market commentator Jose Rosell said on X. The Marshals Service uses Coinbase Prime for custody, and no federal agency announced a sale connected to the transfer.
- Government-Linked addresses still hold around $28 billion in digital assets, with Bitcoin accounting for most of the total. The Treasury determines management strategies for non-Bitcoin assets, including the BNB recently moved from Alameda Research holdings.
13 Articles
13 Articles
Why did the US government send $71M in Bitcoin to Coinbase Prime?
US government linked wallets have transferred $103 million in Bitcoin and BNB, sending more than $71 million in BTC to Coinbase Prime as the transaction raises questions over whether the assets could be headed for a sale. According to on…
Tuesday, October 6, 2026, U.S. government-related wallets transferred over $100 million to cryptocurrencies. The movement raises a recurring question: do U.S. government crypto transfers anticipate a sale? Key points Over $100 million in BTC and BNB came out of U.S. government wallet on October 6 [...]
U.S. Government Moves $103M in BTC and BNB to Coinbase Prime, Drawing Scrutiny
TLDR: U.S. government-linked wallets moved $103M in crypto, including 833.6 BTC and 40,285 BNB, on October 7. Coinbase Prime received 833.6 BTC worth about $71.56M, while no federal agency confirmed any sale. BNB worth $31.63M moved from an FTX-Alameda seized-funds wallet before reaching an unlabeled address. U.S. government-linked wallets still held about $28B, including roughly [...]
Portfolios associated with the U.S. government transferred 833.6 bitcoins, valued at more than 71 million dollars, on October 6. This first movement in six weeks concerns seized funds in the Bitfinex and HashFlare cases, but no data confirms their sale. The U.S. transfer Bitcoins seized in two cases appeared first on Cointribune.
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