A U.S. government-linked wallet transferred almost $297 million worth of crypto to Coinbase Prime over the past eight hours, according to on-chain tracker Lookonchain cited by BlockBeats. The deposits included 3,941 BTC valued at about $244 million and 30,007 ETH valued at roughly $53.09 million. Based on the figures provided, the combined value of the transfers came to about $297 million. The transaction flow was reported on July 14. No additional details were given in the source about the purpose of the transfers.
BlockBeats reported on July 14, citing Lookonchain monitoring, that a U.S. government wallet deposited 3,941 BTC to Coinbase Prime over the past eight hours. The BTC was valued at about $244 million.
The same wallet also deposited 30,007 ETH valued at roughly $53.09 million. Based on the figures in the report, the total value of the transfers was about $297 million.
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