Wallets associated with the U.S. government still hold nearly 12 billion dollars worth of BTC
PANews reported on August 17th that IntoTheBlock stated on platform X, the US government recently transferred Silk Road Bitcoins worth $600 million to Coinbase Prime. Although exchange deposits usually indicate a sell-off, this transfer may be for custodial purposes. Wallets associated with the U.S. government still hold nearly $12 billion in BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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