Markets· ★★★★· bearish·

US government moves 12,267 BTC worth $1.01B

  • —12,267.02 BTC moved, worth about $1.01 billion
  • —6,000 BTC sent to address 33pYK…cFk in two transfers
  • —Remaining ~6,267 BTC went to another new address
  • —Over 6,200 BTC sent to Coinbase Prime in the prior two days
Why it matters: The movement of US-seized coins to new addresses fuels fears of a potential sale and weighs on market sentiment.
Source: PANews