coin-img-ETHETH-4.35%coin-img-SOLSOL-6.21%coin-img-BTCBTC-2.38%coin-img-XRPXRP-5.44%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-5.18%coin-img-NEARNEAR-6.47%coin-img-SUISUI-7.54%coin-img-ETHETH-4.35%coin-img-SOLSOL-6.21%coin-img-BTCBTC-2.38%coin-img-XRPXRP-5.44%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-5.18%coin-img-NEARNEAR-6.47%coin-img-SUISUI-7.54%coin-img-ETHETH-4.35%coin-img-SOLSOL-6.21%coin-img-BTCBTC-2.38%coin-img-XRPXRP-5.44%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-5.18%coin-img-NEARNEAR-6.47%coin-img-SUISUI-7.54%coin-img-ETHETH-4.35%coin-img-SOLSOL-6.21%coin-img-BTCBTC-2.38%coin-img-XRPXRP-5.44%coin-img-USDCUSDC+0.03%coin-img-HYPEHYPE-5.18%coin-img-NEARNEAR-6.47%coin-img-SUISUI-7.54%

U.S. Government-Linked Wallet Moves 12,267.02 BTC Valued at $1.006 Billion

AI Market Summary
On-chain data shows a U.S. government-labeled wallet moved 12,267.02 BTC (~$1.006B) to new addresses, following earlier transfers that included BTC and USDT deposited to Coinbase Prime. Large government-associated BTC movements can raise near-term supply overhang concerns and heighten volatility as market participants assess potential liquidation or custody/administrative repositioning. The use of Coinbase Prime increases focus on potential market-impacting flows.
Impact level
● High
Affected assets
BTC/USDT-2.48%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
ChainCatcher reported that on-chain data show the wallet labeled "U.S. Government: Funds Seized from Bitfinex Hacker" transferred 12,267.02 BTC, worth about $1.006 billion. The funds were split across newly created addresses. Two transactions totaling 6,000 BTC were sent to a new wallet (33pYK…cFk), while the remaining roughly 6,267 BTC was moved to another new address, where it is currently being held. The same U.S. government-linked address previously moved $670 million in crypto assets, including 6,215.7 BTC (about $520 million), 119 million USDT, and 40,285 BNB (about $31.63 million). The BTC and USDT were deposited into Coinbase Prime.
Selected
BTC
BTC-2.55%
BNB
BNB-4.41%
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