U.S. government sends $770M BTC to Coinbase, why now?
Bitcoin
October 08, 2026
12:26
By:
CryptoNews
U.S. government wallets moved 9,261 BTC worth $770M to Coinbase Prime, but custody use and reserve rules mean the transfer does not confirm a sale.
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
Related news
October 08, 2026
The address transferred 12,267 BTC at 9:33 a.m. ET Thursday after related wallets sent more than 6,200 BTC to Coinbase …
October 08, 2026
The wallet transferred 12,267.02 BTC, with 6,000 BTC sent to a new address in two transactions.
October 08, 2026
The movement of long-dormant Bitcoin highlights potential shifts in market dynamics and investor strategies, impacting future cryptocurrency trends. 100 Bitcoin …
October 08, 2026
The remaining 24,500-ETH long position showed a $3.06 million unrealized loss, with liquidation set at $2,473.56.
October 08, 2026
Institutional products provide access to Bitcoin, but fund data shows exposure remains vulnerable to sharp price declines and periods of …
