U.S. government moved $670 million in crypto over 32 hours, with BTC and USDT sent to Coinbase Prime

U.S. government moved $670 million in crypto over 32 hours, with BTC and USDT sent to Coinbase Prime

N
News Editor
2026-10-08 00:14:05
On Oct. 8, BlockBeats reported, citing on-chain tracker Ember, that wallets linked to the U.S. government continued moving crypto assets from last night into the early hours of the day. In the latest transfer, 5,382.1 BTC worth about $448 million was sent to Coinbase Prime. Over the past 32 hours, the tracked addresses have transferred tokens worth a combined $670 million. The total included 6,215.7 BTC valued at $520 million, 119 million USDT, and 40,285 BNB worth $31.63 million. According to the monitoring data, all of the BTC and USDT moved during that period were sent to Coinbase Prime. The report did not provide additional details on the purpose of the transfers beyond the destination addresses observed on-chain.

Wallets linked to the U.S. government kept moving crypto assets from last night into the early hours of Oct. 8, according to BlockBeats, which cited on-chain tracker Ember.

The latest transfer involved 5,382.1 BTC worth about $448 million, sent to Coinbase Prime.

Across the past 32 hours, the addresses transferred a total of $670 million in tokens. That amount included 6,215.7 BTC worth $520 million, 119 million USDT, and 40,285 BNB worth $31.63 million. All of the BTC and USDT in those transfers were 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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