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US Government-Linked Wallets Transfer $103 Million in Bitcoin, BNB

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Summary

  • US government-linked wallets moved a total of $103 million in crypto assets, including Bitcoin (BTC) and BNB, to external addresses.
  • The wallets transferred 833.6 BTC worth about $71.6 million to Coinbase Prime and 40,285 BNB worth about $31.6 million to an external address.
  • After the transfers, the US government-linked wallets still held about $28 billion in crypto assets, including about 324,000 BTC.

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Photo: EmberCN
Photo: EmberCN

US government-linked wallets transferred a total of $103 million in crypto assets, including Bitcoin and BNB, to external addresses.

Wu Blockchain, citing on-chain analyst EmberCN, reported on October 7 that a US government-linked wallet transferred 833.6 Bitcoin worth about $71.6 million to Coinbase Prime.

The wallet also moved 40,285 BNB worth about $31.6 million through several wallet addresses to an external address, 0xBE7...81E. The two transfers totaled about $103 million.

According to EmberCN's tracking, US government-linked wallets still held about $28 billion in crypto assets after the transfers. That included about 324,000 Bitcoin, valued at roughly $27.7 billion at current prices.

#Digital Assets

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit

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