Markets· ★★★★· bearish·

US government moves $770M of seized Bitcoin to Coinbase Prime

  • —9,261 BTC worth roughly $770 million moved
  • —2,456 BTC came from newly discovered seizure-linked funds
  • —Destination was Coinbase Prime
Why it matters: Transfers of seized coins to an exchange often precede sales and can add selling pressure on BTC.
#BTC
Source: Cointelegraph
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