U.S. government transferred $103M in BTC and BNB, sending 833 BTC to Coinbase Prime while holding ~$28B in total crypto assets.
Macro & Markets ·
U.S. government-linked wallets have transferred approximately $103 million in crypto assets across two separate movements. On-chain analyst EmberCN tracked 833.6 BTC valued near $71.6 million being sent to Coinbase Prime, while an additional 40,285 BNB worth roughly $31.6 million moved through multiple addresses to wallet 0xBE7...81E.
The transfers represent a portion of substantially larger holdings under government control. The monitored wallets collectively maintain approximately $28 billion in crypto assets, with Bitcoin representing the dominant allocation at around 324,000 BTC valued near $27.7 billion.
The movements do not clarify whether the transfers signal an intent to liquidate assets, restructure holdings, or simply manage treasury operations. Neither the timing nor the strategic purpose behind routing assets to Coinbase Prime has been disclosed.