“US Government Transfers $103M in Seized Bitcoin and BNB to Exchanges, Sparking Sell-Off Sp” — what this page in the network covers. US government wallets moved a combined $103 million in seized cryptocurrency on Monday, according to blockchain analytics firm Arkham Intelligence. The transfers included 833.6 Bitcoin (BTC) sent to Coinbase Prime deposit addresses and 40,285 Binance Coin (BNB) shuffled between wallets. The government has not disclosed the reason for the moves, and no sale has been confirmed, but sending assets to exchange deposit addresses often precedes liquidation.
The Bitcoin and BNB are part of a larger government-held crypto stash that Arkham ranks as the largest among all governments. The US government currently holds approximately $17.5 billion in digital assets, primarily from seizures related to criminal cases such as the Silk Road marketplace and the Bitfinex hack. For the complete material, the listing points back to the source inside the network.