U.S. government-linked wallets moved $670 million in crypto over 32 hours

U.S. government-linked wallets moved $670 million in crypto over 32 hours

N
News Editor
2026-10-08 00:46:44
On-chain analyst EmberCN said wallets tied to the U.S. government transferred a combined $670 million worth of crypto assets over a 32-hour period. The transfers included 6,215.7 BTC, valued at about $520 million, 119 million USDT, and 40,285 BNB worth roughly $31.63 million. According to the monitoring update, all of the BTC and USDT were sent to Coinbase Prime. The disclosure points to a concentrated series of movements from government-linked addresses within a relatively short window, with Bitcoin and Tether making up the bulk of the value moved. The update cited specific token amounts and destination details for BTC and USDT, while listing BNB among the assets transferred during the same period.

Wallets linked to the U.S. government moved a combined $670 million in crypto assets over 32 hours, according to on-chain analyst EmberCN.

The transfers included 6,215.7 BTC worth about $520 million, 119 million USDT, and 40,285 BNB worth roughly $31.63 million. EmberCN said all of the BTC and USDT 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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