On-chain analyst EmberCN said U.S. government-linked wallets transferred about $670 million worth of crypto over the past 32 hours. The outflows included 6,215.7 BTC, valued at about $520 million, and 119 million USDT, both of which have already reached Coinbase Prime. EmberCN also tracked 40,285 BNB, worth about $31.63 million, that were moved through several transactions and are now sitting at address 0xBE7...81E. Despite the transfers, the wallets still hold roughly $28 billion in digital assets, mostly 324,000 BTC valued at about $27.7 billion. The figures were reported on Oct. 8 by TechFlow, citing monitoring data from EmberCN.
U.S. government-linked wallets transferred about $670 million worth of crypto over the past 32 hours, according to monitoring by on-chain analyst EmberCN.
The transfers included 6,215.7 BTC worth about $520 million and 119 million USDT. Both the BTC and the USDT have already been sent to Coinbase Prime.
Another 40,285 BNB, valued at about $31.63 million, were moved through multiple transactions and are now held at address 0xBE7...81E.
EmberCN said the U.S. government addresses still hold about $28 billion in assets, mainly 324,000 BTC worth around $27.7 billion.
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