The US government transferred 30,175 Bitcoin (BTC), approximately worth $2 billion, to a wallet linked to crypto exchange Coinbase on April 2.
The move occurred amid a major dip in Bitcoin that took its price to a weekly low of $64,500 per BTC before bouncing above the key $65,000 support level.
On-chain sleuth ZachXBT drew attention to the initial test transaction on social media.
Coinbase transfer
The transfer has drawn significant attention from the crypto community and raised questions about the government’s plans for its digital asset holdings.
The initial transaction included a test transfer of 0.001 BTC ($69) to a Coinbase address, suggesting meticulous planning. The transaction hash:
“9c3af4b48e66565f1da1da8278036fa1dbb09f2beaaca99c3504475390ba4590”
Coinbase deposit address:
“3KrZVU9Jz4UKHpKUtuvkEMX1tY8zeiTvX2.”
Following the announcement of this transfer, Bitcoin’s value dipped below $65,000 but slightly recovered to above now trading at $65,200, down by 4.7% in th
We współpracy z: https://cryptoslate.com/us-government-moves-30175-bitcoin-confiscated-from-silk-road-to-coinbase/
