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U.S. Government Moves 17,733 Bitcoin to Coinbase Prime in Three Days

The transfers also included 750 WBTC valued at $62 million. Bitcoin fell 6.9% during the same period.

Mentioned assets
Sealed transport cases moved through a secure institutional vault / TokenPost.ai
Sealed transport cases moved through a secure institutional vault / TokenPost.ai

The U.S. government transferred 17,733 Bitcoin (BTC) worth $1.48 billion to Coinbase Prime over three days, alongside 750 WBTC valued at $62 million.

The combined value of the transfers was nearly $1.55 billion. The movement involved more than 17,000 BTC and occurred during a period of declining prices.

The transfers involved more than 17,000 BTC, while Bitcoin’s price fell 6.9% over the same three-day period.

The U.S. government transferred the assets to Coinbase Prime.

The transfers included 17,733 BTC and 750 WBTC.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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