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U.S. Government Moves $1.48 Billion in Bitcoin to Coinbase Prime

The transfers included 17,733 BTC and 750 WBTC over three days, while Bitcoin fell 6.9% during the same period.

By Enna Lee
Published
Mentioned assets
Bitcoin coins rest beside a sealed institutional custody case / TokenPost.ai
Bitcoin coins rest beside a sealed institutional custody case / TokenPost.ai

The U.S. government moved 17,733 Bitcoin (BTC) worth $1.48 billion and 750 Wrapped Bitcoin (WBTC) worth $62 million to Coinbase Prime over three days.

Bitcoin fell 6.9% during the same period. The transfers involved a combined $1.542 billion in BTC and 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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