Markets· ★★★· bearish·

US government moves $566M in crypto, including 4,632 BTC

  • —4,632 BTC worth $384.5 million moved
  • —Additional $119 million in USDT and $62.34 million in WBTC transferred
  • —All transactions completed within 10 hours
Why it matters: Large transfers of seized assets by US authorities often precede sales and can pressure bitcoin's price.
Source: Coinfomania