U.S. Government-Linked Wallets Move $103 Million in Bitcoin and BNB
U.S. government-linked cryptocurrency wallets transferred more than $103 million in Bitcoin and BNB through several addresses, including a transfer of 833.6 BTC worth about $71.6 million to Coinbase Prime, according to Wu Blockchain on-chain analyst EmberCN.
833.6 BTC Sent to Coinbase Prime
The tracked wallets moved 833.6 BTC, valued at about $71.6 million, to Coinbase Prime. The transaction was identified as part of a series of transfers involving wallets linked to the U.S. government.
In a separate movement, 40,285 BNB worth about $31.6 million was transferred through several addresses to the wallet identified as 0xBE7...81E, EmberCN reported. Combined, the Bitcoin and BNB transfers represent approximately $103 million in cryptocurrency.
Wallets Still Hold About $28 Billion
Despite the transfers, the government-linked wallets tracked by EmberCN continue to hold roughly $28 billion in crypto assets. Bitcoin accounts for the vast majority of those holdings, with approximately 324,000 BTC worth about $27.7 billion still held in the tracked wallets.
The size of the remaining Bitcoin position means the reported 833.6 BTC transfer represents only a portion of the wallets' broader holdings. The transactions involve both a transfer to Coinbase Prime and a separate movement of BNB through multiple addresses, according to the on-chain data cited by EmberCN.
The reported transfers and remaining balances provide a snapshot of the cryptocurrency assets currently associated with the tracked U.S. government-linked wallets, with Bitcoin making up the largest portion of the approximately $28 billion portfolio.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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