U.S. government moves another 750.2 WBTC to Coinbase Prime, bringing 24-hour transfers to $165 million

U.S. government moves another 750.2 WBTC to Coinbase Prime, bringing 24-hour transfers to $165 million

N
News Editor
2026-10-07 15:13:44
The U.S. government has sent another 750.2 WBTC, worth about $62.34 million, to Coinbase Prime, according to on-chain analyst Ember. The transfer came roughly 15 minutes before the report and followed an earlier movement of about $103 million in assets late last night. Over the past 24 hours, addresses tied to the U.S. government have moved a total of $165 million in assets. Of that amount, 1,583.8 BTC, valued at about $134 million, was transferred into Coinbase Prime. The update was reported by BlockBeats on Oct. 7, based on Ember’s on-chain monitoring.

The U.S. government moved another 750.2 Wrapped Bitcoin (WBTC), worth about $62.34 million, to Coinbase Prime around 15 minutes before the latest update, according to on-chain analyst Ember.

BlockBeats reported on Oct. 7 that the transfer followed an earlier movement of about $103 million in assets late last night. Over the past 24 hours, addresses linked to the U.S. government have transferred a total of $165 million in assets. Among them, 1,583.8 BTC, valued at about $134 million, was sent to Coinbase Prime.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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