U.S. Government Transfers Over $670 Million in Crypto Assets to Coinbase Prime Within 32 Hours
On October 8, according to on-chain analyst Ember (@EmberCN), U.S. government addresses transferred out approximately $670 million worth of cryptocurrency over the past 32 hours, including 6,215.7 BTC (approximately $520 million) and 119 million USDT, with both BTC and USDT now moved into Coinbase Prime; additionally, 40,285 BNB (approximately $31.63 million) has undergone multiple transfers and is currently located at address 0xBE7...81E. U.S. government addresses currently still hold approximately $28 billion in assets, primarily consisting of 324,000 BTC (approximately $27.7 billion).