Cointelegraph: Arkham says U.S. government transferred $470 million in BTC, WBTC and USDT to likely Coinbase Prime deposit addresses

Arkham reports the U.S. government moved roughly $470M of BTC, WBTC, and USDT to addresses likely associated with Coinbase Prime deposits. Such transfers are typically interpreted as potential preparation for market sales or custody reallocation, raising near-term supply overhang and headline risk. The size and provenance of the flow can tighten liquidity conditions and pressure crypto risk sentiment broadly, with BTC the primary focal point.