US government-affiliated wallet transferred 833.6 BTC and 40,285 BNB to Coinbase Prime
2026-10-07 22:58:45
According to CoinMeta, on October 7th, wallets associated with the U.S. government transferred 833.599 BTC to Coinbase Prime, worth approximately $71.56 million, and also transferred 40,285 BNB, worth about $31.63 million, for a total of around $103 million. It is important to note that this transaction does not indicate that a sale has been completed, as no federal agency has confirmed the sale of the crypto assets. Under Executive Order 14233 signed by Trump on March 6, 2025, there are significant differences in the government's regulation of Bitcoin versus non-Bitcoin assets.
Source:The Coin Republic
This content is for market information only and does not constitute investment advice.
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