Recent large Bitcoin transfers have been observed involving the U.S. government and Grayscale. The U.S. government transferred significant amounts of Bitcoin to Coinbase, sparking speculation about potential sales. Grayscale also made substantial transfers to Coinbase Prime wallets.
🚨 BREAKING 🚨 GRAYSCALE HAS TRANSFERRED 1983 BTC WORTH $131.4 MILLION TO COINBASE https://t.co/FwT4dUsM9i
US government reportedly moves Bitcoin $BTC seized from Silk Road, sparking sale speculation https://t.co/RfW3xjyvWl https://t.co/0W2QQOj8Ow
🔥The US authorities transferred 2000 BTC to Coinbase. The US government-controlled wallet with 30,174 BTC initiated a transfer of ~2000 BTC to the @coinbase Prime platform address. Experts speculate asset liquidation.🔎 Presumably, this is part of the assets seized from James… https://t.co/NPjbGUBBG6
U.S. government transfers $2.1bn worth of bitcoin to Coinbase Could they be planning to sell?🤔 https://t.co/VnDA89eFN8
🚨 US Government transfers 1999 #BTC ($139M) to Coinbase Prime address
.@TheJusticeDept transfers $2B Silk Road-related #Bitcoin to new wallet. https://t.co/69G60peQEn
The DOJ has a lot of bitcoin, but it might be gearing up to sell a large chunk of it https://t.co/r81VCBUIQ8
US GOVT SELLS $130M $BTC AFTER ISSUING NOTICE OF SALE IN JANUARY - US govt issued the notification of selling $131M in Bitcoin in January that was connected to a Silk Road agent case - It is likely they sold these funds last night in an OTC trade and these transactions are… https://t.co/BYFd5CzAc1 https://t.co/HeGaoEkKOU
likely the USG/Silk Road coins were already sold & this is post-trade settlement. @Blockworks_ reported Jan 25 that they were going to sell $130m. today they moved ~2k BTC ($131m) to CB. test tx: https://t.co/0Jh6CcRUq0 2k movement tx: https://t.co/hacO1sVISh blockworks:… https://t.co/Oh0NcboVQx https://t.co/XIspZQJm2d
It's pretty concrete that the $130M in BTC the US gov sent to coinbase 15m ago will be sold. 130m is not much , its less than the average IBIT flow over last few days and they had to file to do it. They probably have to do another filing to sell more and we haven't had that…
JUST IN: 🇺🇸 U.S. government transfers 30,175 #Bitcoin (💵 $2B) to an unknown wallet 👀 According to Arkham Intelligence, it would be a Coinbase address. https://t.co/hxV3LYlJn3
*DOJ SILK ROAD WALLET MOVES 2,000 BTC ($139 MILLION) TO SAME COINBASE PRIME WALLET: ONCHAIN DATA AND ARKHAM LABELS - THE BLOCK PRO
UPDATE: 1999 BTC ($139M) TRANSFERRED TO SAME COINBASE PRIME ADDRESS https://t.co/ffnDDnwug6
If the government is moving $2.1B in BTC and not doing an auction, then its likely either already sold or going to custody. DoJ isn't going to yeet the stack in a single candle.
The U.S. Government has just moved 30,174 BTC. (presumably to sell) https://t.co/mQ1x7CzRes
Whale moves: @Grayscale sends 1634 Bitcoin to @coinbase Prime wallets 47 minutes ago 👀 https://t.co/p9RYeKPjrL https://t.co/aKS4Co7tqD
Whale moves: Large transfer of 6,513 Bitcoin to @coinbase Institutional wallet 32 minutes 6 seconds ago 👀 https://t.co/BHozNNf1xN https://t.co/26ZpQj3yr1