Markets· ★★★★· bearish·

US government-linked wallets move 17,795 BTC worth $1.5B in three days

  • —17,795 BTC moved, valued at about $1.5 billion
  • —Transfers spanned three days; recipients undisclosed
  • —US authorities have previously sent seized BTC to Coinbase Prime
Why it matters: US government transfers of seized bitcoin often precede sales and can weigh on market sentiment.
Source: TokenPost