Bitcoin

<ul><li>The US government moved almost 40,000 Bitcoins to wallets including the Coinbase cluster.</li><li>A majority of the transfer were internal transfers while some Bitcoins were transferred to Coinbase.</li><li>The reason for the sudden move of the government is unclear.</li></ul>In accordance with the latest reports, the wallets associated with the government of the United States transferred around 40,000 Bitcoins, a majority of which are internal transfers. Among the total amount of Bitcoin transferred, which is worth more than $2 billion, a definite quantity of coins was moved to the leading <a href="https://coinedition.com/tag/coinbase-news/" rel="noopener noreferrer nofollow">crypto exchange Coinbase</a>.Notably, the leading on-chain data provider Glassnode shared on Twitter that almost 40k BTC from the wallets “associated with US government law enforcement seizures are the move.”<a href="https://coinedition.com/wallets-associated-with-us-govt-transfer-40000-btc-glassnode/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Wallets Associated with US Govt. Transfer 40,000 BTC: Glassnode

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