On-chain analyst Ember reported that a U.S. government-linked address made another transfer to Coinbase Prime about 15 minutes before the update, sending 750.2 WBTC worth $62.34 million. The move came after the same address transferred $103 million in assets earlier today. Over the past 24 hours, the address has moved a total of $165 million in assets. Of that amount, 1,583.8 BTC worth $134 million was sent to Coinbase Prime. The figures point to a fresh round of large on-chain movements involving wallets associated with the U.S. government, based on Ember’s monitoring cited by Odaily.
Odaily reported, citing on-chain analyst Ember, that a U.S. government-linked address made another transfer to Coinbase Prime about 15 minutes before the update, moving 750.2 WBTC worth $62.34 million.
Earlier today, the same address had already transferred $103 million in assets. Over the past 24 hours, the address moved a total of $165 million in assets, including 1,583.8 BTC worth $134 million that was sent to Coinbase Prime.
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