US government moves $1.01 billion in Bitcoin
- —$1.01 billion in BTC moved in two transactions to new addresses
- —Recipient addresses were not identified as exchanges
- —Funds are tied to Bitcoin seized in the 2016 Bitfinex case
- —Bitcoin trades near $81,300, down about 3% on the day
Why it matters: No sale is confirmed, but potential liquidation of seized BTC adds selling pressure; further transfers or official statements will clarify the government's intent.
Source: BeInCrypto JP