US government-linked wallets moved $670M in crypto over 32 hours
- —6,215.7 BTC and 119M USDT transferred to Coinbase Prime
- —Another 40,285 BNB sent, recipient not disclosed
- —30-year Treasury yield hit 5.711% intraday
- —Fed minutes showed a hike to 3.75–4.00%
Why it matters: Exchange inflows do not equal sales, but large government-linked transfers often weigh on market sentiment.
Source: TokenPost