A US government-linked address continued moving crypto assets between last night and early today, according to on-chain analyst Ember. The latest transfer involved 5,382.1 BTC worth about $448 million, which was sent to Coinbase Prime.
Over the past 32 hours, the address has transferred crypto worth a combined $670 million. The total includes 6,215.7 BTC valued at roughly $520 million, 119 million USDT, and 40,285 BNB worth about $31.63 million. Ember said all of the BTC and USDT moved during that period were sent to Coinbase Prime.
The update tracks a concentrated burst of transfers from the same address across multiple tokens within a relatively short window. The source report did not provide additional context on the purpose of the transfers beyond the on-chain movements observed.
A US government-linked address continued moving assets from last night into the early hours of today, according to on-chain analyst Ember. In the latest transaction window, the address sent 5,382.1 BTC, worth about $448 million, to Coinbase Prime.
Total transfers reached $670 million in 32 hours
From early yesterday to now, covering a 32-hour period, the address transferred tokens worth a combined $670 million. That total included 6,215.7 BTC valued at about $520 million, 119 million USDT, and 40,285 BNB worth about $31.63 million.
All of the BTC and USDT were sent to Coinbase Prime, according to Ember's tracking.
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