coin-img-ETHETH-1.30%coin-img-SOLSOL-2.11%coin-img-BTCBTC+0.89%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+0.99%coin-img-SUISUI-3.88%coin-img-NEARNEAR-4.72%coin-img-ETHETH-1.30%coin-img-SOLSOL-2.11%coin-img-BTCBTC+0.89%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+0.99%coin-img-SUISUI-3.88%coin-img-NEARNEAR-4.72%coin-img-ETHETH-1.30%coin-img-SOLSOL-2.11%coin-img-BTCBTC+0.89%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+0.99%coin-img-SUISUI-3.88%coin-img-NEARNEAR-4.72%coin-img-ETHETH-1.30%coin-img-SOLSOL-2.11%coin-img-BTCBTC+0.89%coin-img-XRPXRP+0.15%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE+0.99%coin-img-SUISUI-3.88%coin-img-NEARNEAR-4.72%

US government-linked wallets transfer out $384.5M in BTC, $119M in USDT and $62.34M in WBTC

AI Market Summary
On-chain data shows US Government-linked wallets moved sizable crypto again, including ~$384.5M BTC plus USDT and WBTC, with prior flows reportedly reaching Coinbase. Large, identifiable transfers to exchange-linked addresses can raise near-term supply overhang and liquidity sensitivity, often weighing on risk appetite. Traders may monitor follow-through deposits, order-book impact, and whether transfers represent custody reshuffles versus potential disposals.
Impact level
● High
Affected assets
BTC/USDT+0.89%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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US government-linked wallets have carried out another large crypto transfer after moving sizable amounts of BTC and BNB on October 7. The latest outflows included $384.5M of BTC, $119M of USDT and $62.34M of WBTC. Some of the funds were sent to exchanges including Coinbase, according to Lookonchain on-chain data.
BTC
BTC+0.91%
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