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🐋 WHALE WATCH: The US government is moving millions in seized crypto assets again.
Arkham data shows they just transferred 319 $ETH and nearly a million in stablecoins including $DAI and $USDT from FTX Alameda funds to Coinbase Prime.
We usually see these institutional transfers right before a structured OTC liquidation.
It is a relatively small amount this time so do not expect major spot market pressure.
Are you tracking government wallet movements for your trades?