The U.S. government transferred a total of 17,733 Bitcoin and 750 Wrapped Bitcoin to Coinbase Prime over three days, moving assets valued at approximately $1.54 billion. The Bitcoin portion was worth $1.48 billion, while the Wrapped Bitcoin accounted for $62 million. This transfer occurred as Bitcoin's price fell by 6.9% during the same period. The move highlights significant government activity in the crypto market and may impact liquidity and pricing on institutional platforms.
The U.S. government's transfer of $1.54 billion in Bitcoin to Coinbase Prime provides context for cryptocurrency market activity. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 09, 2026 09:41 WIB: out of 50 major cryptocurrencies, 9 rose and 40 fell. Notable movers include MANA down 7.43%, AVAX down 7.31%, and XTZ down 6.47%.
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