CandleFocus US government transfers $1.9 billion in Bitcoin to Coinbase
2024-12-02
Author: Content Editor
The US government has transferred approximately 20,000 Bitcoin, worth $1.9 million, to Coinbase from a crypto wallet linked to the seizure of assets from Silk Road. This follows a previous transfer of 10,000 BTC in August. The US government still holds around $18 billion worth of Bitcoin, as well as other crypto assets. The recent transfer caused Bitcoin's price to drop to $96,200.
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