US-linked wallets transfer 12,267 BTC to new addresses
US government-linked wallets have transferred 12,267 BTC to new and unlabelled addresses. The total value of the transfer amounted to approximately $1.01 billion. These Bitcoins came from a wallet that held assets seized after the Bitfinex hack in 2016. The mismatch of transactions with exchange investments indicates a wallet reorganization. According to Arkham data, 3,200 BTC and $119 million worth of USDT were transferred to Coinbase Prime 24 hours ago. It was determined that these funds came from wallets linked to FTX, Alameda, and Bitfinex seizures. Coinbase Prime offers trading and custody services to institutional investors. A presidential decree dated March 2025 anticipates the transfer of seized Bitcoins to the Strategic Bitcoin Reserve and prohibits their sale. The US government holds approximately $25.5 billion worth of crypto assets.
-- Price
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