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New government move: depositing "small" amounts indicating liquidity monitoring!
In a notable move by the U.S. government's seized assets wallet (Glen Oliver case), 3.233 Ethereum worth $7,630 was deposited into Coinbase Prime an hour ago. Although the amount doesn't seem huge by billion-dollar standards, the continued transfer of seized assets to institutional trading platforms reflects an ongoing government protocol to liquidate digital assets and transfer them to the traditional financial system.
Such moves, no matter how small, remain under traders' scrutiny; because they reveal the activity of sovereign wallets and their readiness to interact with the market at any moment. When the government begins moving parts of its holdings, it always reminds us of the underlying asset volume that could flow into the market and impact supply and demand balance.
In the crypto market, there is no "small" move when the party involved is the U.S. government.
$ETH {cu#eth rrencycard:spot}(ETH_USDT)
#elaouzi