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US Government Moves 833.6 Bitcoin (BTC) to Coinbase Prime

COINOTAG·October 7, 2026·1 min read
US Government Moves 833.6 Bitcoin (BTC) to Coinbase Prime

US government wallets moved 833.6 Bitcoin worth $71.56 million to Coinbase Prime while Bitcoin trades near $83,000 after $550 million in liquidations. The transfer suggests potential selling pressure, as the government often moves seized assets to exchanges. Market participants watch for further moves amid ongoing volatility.

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