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<p><strong>The brief supports a narrower claim than the supplied headline: English-language reporting ties a U.S. government-linked bitcoin deposit to Coinbase Prime, while leaving the larger headline amount unconfirmed.</strong></p>
<p><a href="https://twitter.com/lookonchain/status/2042631378039443846" rel="noopener noreferrer nofollow">Lookonchain wrote on April 10, 2026</a> that the wallet cluster labeled Glenn Olivio Seized Funds deposited 2.44 BTC ($177K) to Coinbase Prime. That post is the clearest primary-source item in the brief, and it frames this story around the smaller transfer rather than the larger headline amount.</p>
<figure>
 <div>
  Reported BTC transfer
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 <div>
  2.44 BTC
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 <figcaption>
  Lookonchain said the U.S. Government wallet cluster labeled Glenn Olivio Seized Funds deposited 2.44 BTC to Coinbase Prime.
 </figcaption>
</figure>
<blockquote class="twitter-tweet">
 <p>JUST IN: The U.S.Government (Glenn Olivio Seized Funds) just deposited 2.44 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($177K) to Coinbase Prime.<a href="https://t.co/C2ftU2amGk" rel="noopener noreferrer nofollow">https://t.co/C2ftU2amGk</a><a href="https://t.co/eQLrpsPfBW" rel="noopener noreferrer nofollow">pic.twitter.com/eQLrpsPfBW</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/2042631378039443846?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 10, 2026</a>
</blockquote>
<h2 id="primary-reports-converge-on-a-smaller-transfer">Primary reports converge on a smaller transfer</h2>
<p><a href="https://cryptobriefing.com/us-government-deposits-seized-bitcoin-coinbase-prime-april-2026/" rel="noopener noreferrer nofollow">Crypto Briefing reported that two wallets</a> associated with U.S. government seized assets moved 2.4 BTC worth about $177,000 to Coinbase Prime on April 10, 2026, and said the funds trace to the Glenn Olivio case, citing <a href="https://gov.timechainindex.com/?gov=usg" rel="noopener noreferrer nofollow">Timechain Index</a>. <a href="https://coinedition.com/us-government-moves-177000-in-seized-bitcoin-to-coinbase-prime/" rel="noopener noreferrer nofollow">CoinEdition separately described a 2.44 BTC transfer</a> sent in two separate transactions from wallets Arkham Intelligence identified as U.S. Government: Glenn Olivio Seized Funds.</p>
<h2 id="coinbase-prime-is-the-verified-detail-not-proof-of-a-sale">Coinbase Prime is the verified detail, not proof of a sale</h2>
<p>Across Lookonchain, Crypto Briefing, and CoinEdition, the common data point is the destination: Coinbase Prime. For Coincu readers tracking venue access in <a rel="noopener noreferrer nofollow">Schwab Launches Spot Crypto Trading Service Schwab Crypto</a>, derivatives positioning in <a rel="noopener noreferrer nofollow">Deribit BTC Options Expiry: $2.15B Set for Feb. 6 as Puts Lead</a>, or broader cross-asset flows in <a rel="noopener noreferrer nofollow">Spartans Hits Global Top 14 During Beta Stage, While XRP Rallies on Rakuten News &amp; Tron Maintains Network Strength</a>, that destination matters because the cited reports document a deposit into a named venue, not a confirmed sale.</p>
<p>At <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">$74,259</a> per BTC at fetch time, CoinGecko's market baseline sits close to Lookonchain's reported $177K valuation for the transfer. That price check does not settle the transaction path, but it does support the smaller amount described in the briefed English-language reports.</p>
<figure>
 <div>
  BTC spot price at fetch
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  $74,259
 </div>
 <figcaption>
  Public CoinGecko market data provides the readable source page for the BTC price baseline used in the story.
 </figcaption>
</figure>
<p>On the evidence cited here, the careful reading is limited: Lookonchain said the reported movement reached Coinbase Prime, while Crypto Briefing and CoinEdition tied it to Glenn Olivio seized funds. Those URLs document a deposit, but they do not establish a completed disposal, which is why the verifiable story remains narrower than the headline that triggered it.</p>
<h2 id="faq">FAQ</h2>
<p><strong>Which amount is supported by the brief?</strong> The strongest English-language evidence supports 2.44 BTC, while Crypto Briefing described about 2.4 BTC and CoinEdition matched the smaller figure.</p>
<p><strong>Where did the bitcoin come from?</strong> Crypto Briefing said the transfer traces to the Glenn Olivio case, citing Timechain Index, and CoinEdition said the coins came from wallets Arkham labeled as U.S. Government: Glenn Olivio Seized Funds.</p>
<p><strong>Does the deposit confirm a sale?</strong> No. The cited reports from Crypto Briefing and CoinEdition describe a deposit to Coinbase Prime, which is the limit of what those URLs establish.</p>
<div>
 Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
</div>
<p>Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.</p>
<p>The post <a href="https://coincu.com/?p=400479" rel="noopener noreferrer nofollow">US Government Deposits 8.2 BTC to Coinbase Prime, Raising Market Questions</a> was initially published on <a href="https://coincu.com/" rel="noopener noreferrer nofollow">Coincu</a>.</p>

US Government Deposits 8.2 BTC to Coinbase Prime, Raising Market Questions

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