Concern after the U.S. government transferred 2,874.9 BTC

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CoinDesk消息:the U.S. government has transferred 2,874.9 BTC to Coinbase Prime, worth about $183 million. The transaction data was provided by Galaxy Research. The transfer took place between Bitcoin blocks 957,893 and 957,894, from a government-controlled address. This transfer means the total amount of Bitcoin sent today by U.S. authorities to Coinbase Prime is close to 4,000 BTC. The move has sparked speculation in the market about whether these Bitcoins are being prepared for liquidation or internal custody operations.

In March 2025, the government signed an executive order to establish a strategic Bitcoin reserve, instructing the Treasury Department to manage it. Treasury Secretary Scott Bessent previously said the government would not directly buy Bitcoin for the strategic reserve; instead, it would retain seized Bitcoins rather than sell them. This Coinbase Prime transfer has therefore led investors to question whether the U.S. government may be preparing for a potential sale.

Notably, these Bitcoins can be traced back to multiple unrelated cases (such as BTC-e, etc.). It is extremely unusual for the government to transfer these Bitcoins at the same time.

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BridgeSideEyes
· 2h ago
The administrative order was altered just two months after it was signed, and the source is still an “unrelated case”—the narrative feels a bit rushed.
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LostAloneInTheFog
· 2h ago
This move is hard to understand. They say it’s strategic reserves, but they’re sending more to exchanges—do they say “don’t sell,” while their actions tell the truth?
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Frost-ColoredCubeCity
· 2h ago
On-chain sleuths are already in place—now we’ll see whether it’s internal wallets getting sorted out or if they really plan to dump. I’ll move my chair and watch the drama.
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