US Government Transferred Approximately 8.2 Bitcoin to Coinbase Prime Institutional Wallet - Tekedia

The U.S. government moved about 8.2 BTC, worth roughly $606,000, to a Coinbase Prime institutional wallet.

On-chain trackers linked the transfer to seized assets from the 2016 Bitfinex hack.

The move appears tied to custody and restitution handling, not an immediate government sale.

The transfer briefly sparked sell-off fears, but the amount is too small to likely move the market.