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Mmastodon BusinessCrypto first seen 4 d ago, last 4 d ago, peak #3

US government moves 834 bitcoin worth $71.6 million to Coinbase Prime

Original: 👀 Die US-Regierung verschiebt 834 BTC im Wert von rund $71,6 Mio. zu Coinbase Prime. Ein Verkauf ist bislang nicht bestä

The US government has transferred 834 BTC, valued at roughly $71.6 million, to Coinbase Prime. A sale has not yet been confirmed. Crypto observers note the timing: leveraged traders are being liquidated while long-term holders withdraw their coins from exchanges, fueling debate about whether Washington is preparing to offload more of its seized bitcoin holdings.

Why now: Traders fear a government sell-off could pressure bitcoin prices during a period of liquidations and exchange outflows.

US governmentCoinbase PrimeBitcoin

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