# U.S.-Government-Linked Wallet Moves About $1 Billion in Bitcoin

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/38603
Published: 2026-10-23T02:40:07.000Z
Updated: 2026-10-23T02:40:07.000Z
Section: Investing

> The Bitcoin was associated with the Bitfinex hack and went to an unknown wallet. Arkham Intelligence CEO Miguel Morel said the transaction trail does not establish whether the coins were sold or moved to a new custodian.

A wallet linked to the U.S. government moved about $1 billion in Bitcoin (BTC) associated with the Bitfinex hack to an unknown wallet. Arkham Intelligence CEO Miguel Morel said the transaction trail alone does not establish whether the coins were sold or moved to a new custodian.

Morel also discussed disposal orders and the Strategic Bitcoin Reserve.