Just spotted something interesting on-chain: the U.S. government just moved over 200k ETH to a major exchange. This is tied to assets they seized from the Chase Senecal case back in 2022, and apparently they ran a 10 ETH test transaction first before moving the bulk. Current ETH price sitting around 2.14K with a slight dip of -0.28% today. The timing has people wondering if this could trigger a dump, especially given the size of the position. Historically when governments move large amounts like this, it tends to create some market pressure. The Chase Senecal situation was pretty serious involving illegal activities, so there's been a lot of speculation about what they'd eventually do with these holdings. Guess we're about to find out.

ETH-2.72%
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