Wu Shuo learned that, according to Arkham data, a wallet related to the US government that had been dormant for about 4 years transferred about 140.214 BTC (worth about $8.78 million) to Coinbase Prime’s cold wallet at 23:52 Beijing time on July 13.

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RetroRadio
· 6h ago
Curious whether this wallet was previously seized from Silk Road or another case—there should be plenty of stories about the gov wallet from 4 years ago.
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TheFeelingOfEthInTheSeaBreeze
· 6h ago
Instead of dumping straight into cold wallets, does that mean they’re not in a rush to sell aggressively? Or does Prime have other plans over there—so we should just wait and see for now?
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BluePeonyMinerDream
· 6h ago
$8.78 million sounds like a lot—converted, it’s roughly enough to buy a few Hummers with government fiscal spending. The sense of scale in crypto really is different.
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ElevatorMeme
· 6h ago
This wallet has been asleep for four years, and the moment it wakes up it’s over $8 million—does the government play HODL too?
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