Blockchain analytics account Lookonchain said on July 14 that wallets linked to the U.S. government deposited 3,941 BTC and 30,007 ETH into Coinbase Prime over the past eight hours. Based on the values cited in the report, the Bitcoin was worth about $244 million and the Ether was worth about $53.09 million, bringing the combined transfer to roughly $297 million. The update focused on the on-chain movement and did not provide additional context beyond the transfers and their estimated value.
Wallets linked to the U.S. government deposited 3,941 BTC and 30,007 ETH into Coinbase Prime over the past eight hours, according to on-chain analytics platform Lookonchain on July 14.
Using the figures provided in the report, the BTC was valued at about $244 million and the ETH at about $53.09 million, for a combined transfer of roughly $297 million.
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