U.S. Government-Linked Wallets Move $103 Million in BTC and BNB
U.S. government-linked cryptocurrency wallets transferred about $103 million worth of Bitcoin and BNB through several addresses, according to on-chain analyst EmberCN. The transactions included 833.6 BTC valued at about $71.6 million sent to Coinbase Prime.
833.6 BTC Sent to Coinbase Prime
EmberCN reported that the tracked wallets moved 833.6 BTC, worth approximately $71.6 million, to Coinbase Prime. The transfer represents the largest portion of the $103 million in cryptocurrency movements identified in the transactions.
according to by Wu Blockchain a separate set of transfers, the wallets moved 40,285 BNB worth about $31.6 million through several addresses to the wallet address 0xBE7...81E. The transactions involved both BTC and BNB and were identified through on-chain activity linked to the tracked wallets.
Tracked Wallets Still Hold About $28 Billion
Despite the latest transfers, the wallets tracked by EmberCN continue to hold roughly $28 billion in cryptocurrency assets. Their holdings include about 324,000 BTC, valued at approximately $27.7 billion.
The reported Bitcoin holdings account for the vast majority of the tracked wallets' remaining crypto assets by value. The latest movements therefore represent a relatively small portion of the roughly $28 billion in assets still associated with the wallets.
EmberCN's data specifically identifies the 833.6 BTC transfer to Coinbase Prime and the 40,285 BNB movement through several addresses as part of the latest activity. The tracked wallets remain associated with about 324,000 BTC worth $27.7 billion.
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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