Suspected 9,861 BTC Transferred To Coinbase By The US Government
Data from the blockchain shows unexpected transfers of 9,861 BTC to the exchange from the US authorities, fueling rumors of an imminent sale of BTC. US authorities have repeatedly held auctions to sell Bitcoin exhibits but have never been recorded transferring Bitcoin money directly to the exchange like that.
Data from the blockchain shows unexpected transfers of large amounts of Bitcoin from the US authorities, fueling rumors of an imminent sale of Bitcoin. Online market intelligence firm Glassnode says 40,000 BTC, worth nearly $886.78 million – related to US government law enforcement arrests is being moved. The US has, in the past, seized large amounts of cryptocurrencies as evidence of industry fraud and attack cases. In 2013, the FBI busted the “Silk Road black market” and confiscated 144,000 BTC. the purpose of the transfers was and whether the funds raised to Coinbase were sold.
Source
https://t.me/Crypto_Futures_Trading
