Morning Edition · Tuesday, July 14, 2026Published at 1:28 AM EDT · New York
U.S. Government Sends $297 Million in Seized Bitcoin and Ether to Coinbase Prime
Arkham traced 3,940 bitcoin and 30,000 ether from three enforcement cases to the custodian, reviving questions about federal disposal without any confirmed sale.
United States government wallets moved about $297 million in seized bitcoin and ether to Coinbase Prime in two transfers, according to blockchain-intelligence firm Arkham, which tracked an initial $8.8 million deposit followed roughly three…
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Part of a tracked trend
Seized-Coin Stockpiles Shadow Supply
Large government holdings of seized bitcoin and ether recur as an unpriced supply overhang, where every custody transfer forces the market to guess whether liquidation follows.
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