Home > Quick > Body

IntoTheBlock: US government-related wallets still hold nearly 12 billion dollars in bitcoin

clock
2024-08-17 05:52:15
IntoTheBlock said in a post on X that the US government recently transferred $600 million worth of dark web Silk Road seized bitcoins to Coinbase Prime. While deposits to exchanges usually mean a sell-off, the transfer may be for custodial purposes. Wallets linked to the US government still hold nearly $12 billion in bitcoin.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.