A U.S. government-linked wallet transferred roughly $297 million worth of Bitcoin and Ether to Coinbase Prime about five hours earlier, according to on-chain analyst Ember. The transfer included 3,940.7 BTC valued at $244 million and 30,007 ETH worth $53.09 million.
Ember said the wallet still holds around $20.5 billion in crypto assets after the move. Its remaining balance includes 325,000 BTC valued at $20.2 billion, 145 million USDT, 28,000 ETH worth $50.35 million, and 62,000 BNB valued at $35.38 million.
The update was cited by PANews on July 14 as a market information item. No additional explanation for the transfer was provided in the source report.
A U.S. government wallet moved about $297 million worth of BTC and ETH to Coinbase Prime roughly five hours earlier, according to on-chain analyst Ember, as cited by PANews on July 14.
The transfer consisted of 3,940.7 BTC valued at $244 million and 30,007 ETH valued at $53.09 million.
Wallet still holds about $20.5 billion in crypto
Ember said the address still holds about $20.5 billion in digital assets. The remaining balance includes 325,000 BTC worth $20.2 billion, 145 million USDT, 28,000 ETH worth $50.35 million, and 62,000 BNB valued at $35.38 million.
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