US Government Moves $103 Million in Seized Bitcoin and BNB, But Hasn't Said Why
60-second summary
The U.S. government transfers 833.6 BTC—worth roughly $103 million—and 40,285 BNB from seized wallets to Coinbase Prime deposit addresses, marking the largest crypto stash any government holds according to Arkham’s rankings; officials have not explained the move or confirmed any sale, prompting speculation that the assets could influence future regulatory actions and market liquidity.
Government-labeled wallets sent 833.6 BTC to Coinbase Prime deposit addresses and shuffled 40,285 BNB. No sale is confirmed, but the stash behind it is the largest any government holds in Arkham's ranking.