U.S. Government Moves 12,267 BTC Valued at $1.01 Billion

AI Market Summary

Arkham data show a U.S. government-labeled wallet holding seized Bitfinex-hacker BTC moved 12,267 BTC (~$1.01B), splitting 6,000 BTC to a new address and ~6,267 BTC to another. With >6,200 BTC reportedly sent to Coinbase Prime in the prior two days, the transfers heighten near-term supply overhang and execution-risk concerns, potentially pressuring spot and derivatives positioning.

Impact level

● High

Affected assets

BTC/USDT-2.48%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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Odaily Planet Daily reported that Arkham tracking shows the wallet tagged "U.S. Government: Bitfinex Hacker Seized Funds" has transferred another 12,267 BTC, worth about $1.01 billion. Of that total, 6,000 BTC was sent in two transactions to a newly created address, 33pYK…cFk, while the remaining roughly 6,267 BTC was moved to a separate new address and is currently being held there. Over the past two days, the same U.S. government-linked wallet has transferred more than 6,200 BTC to Coinbase Prime.

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