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🏛 U.S. government wallet moves again: BTC flows into Coinbase
On-chain data shows that addresses related to the U.S. government have recently transferred funds again.
Two addresses labeled “U.S. government: Glenn Olivio seized funds” transferred a total of 2.438 BTC (about $177k) to the same Coinbase address (starting with 3EMqu).
📊 My observations:
When government addresses transfer funds to trading platforms, the market often interprets this as potential asset disposal or preparation ahead of an auction. Although the amount involved isn’t large this time, any movement from a government wallet typically becomes one of the signals the market watches.
In the crypto market, beyond price fluctuations, what matters even more is the true flow of on-chain funds.
Follow me to continuously track the on-chain activity of government addresses, institutional wallets, and whale funds. 🚀📊#Gate上线Pre-IPOs #加密市场回升 #Canary提交现货PEPEET申请 #以太坊基金会已出售3750枚ETH $BAS