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BTC $75,588.57 -2.06%
ETH $2,243.81 -3.71%
BNB $615.54 -1.80%
XRP $1.36 -2.17%
SOL $82.64 -2.56%
TRX $0.3244 +0.70%
DOGE $0.1057 +3.50%
ADA $0.2451 -1.61%
BCH $442.43 -2.52%
LINK $9.07 -3.17%
HYPE $39.52 -2.81%
AAVE $92.16 -5.31%
SUI $0.9014 -3.29%
XLM $0.1588 -2.72%
ZEC $333.66 -1.01%

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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