U.S. government moved $566 million in crypto over 10 hours

U.S. government moved $566 million in crypto over 10 hours

N
News Editor
2026-10-08 02:54:09
The U.S. government transferred about $566 million worth of crypto assets over the past 10 hours, according to a post cited by Techub from on-chain tracking account @lookonchain. The transfers included 4,632 BTC valued at roughly $384.5 million, 119 million USDT, and 750 WBTC worth about $62.34 million. The update described the activity as a continued movement of funds by U.S. government-linked wallets. No additional explanation for the transfers was provided in the source item. The figures in the report were limited to the assets and estimated values named in the post.

The U.S. government moved about $566 million in crypto assets over the past 10 hours, according to Techub, which cited a post from on-chain tracking account @lookonchain.

The reported transfers included 4,632 BTC valued at about $384.5 million, 119 million USDT, and 750 Wrapped Bitcoin (WBTC) worth roughly $62.34 million.

The source item said the government was continuing to move funds during that period. It did not provide additional details beyond the assets and amounts listed.

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