Bitcoin.com
US Government Moves $12.36M in ETH and Stablecoins to Coinbase Following BTC Transfer
July 14, 2026•03:44 PM
The United States government has executed a significant transfer of $12.36 million in Ether (ETH), USDC, and USDT to Coinbase Prime. Data from Arkham Intelligence reveals that these assets, sourced from a Bitfinex hack seizure wallet, were moved on Tuesday, following a massive movement of nearly 4,000 BTC to the same institutional platform just one day prior.
This pattern of transferring seized digital assets to major exchanges like Coinbase Prime suggests a strategic liquidation or restructuring phase by US authorities. As the government continues to shift large volumes of Bitcoin, Ether, and stablecoins, market participants are closely monitoring these flows for potential volatility and liquidity shifts in the broader crypto ecosystem.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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