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U.S. government moves $62M in Wrapped Bitcoin to Coinbase Prime amid $165M asset transfers.

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
U.S. government moves $62M in Wrapped Bitcoin to Coinbase Prime amid $165M asset transfers.

The U.S. government transferred 750.2 Wrapped Bitcoin (WBTC), valued at about $62.34 million, to Coinbase Prime on October 7. This transfer is part of a larger movement totaling around $165 million in digital assets over the past 24 hours, including 1,583.8 Bitcoin (BTC) worth approximately $134 million also sent to Coinbase Prime. These significant transfers have drawn attention from traders tracking government blockchain activity involving WBTC and BTC. The activity follows earlier asset movements valued at about $103 million, highlighting ongoing shifts in government-held digital assets.

The U.S. government's transfer of 750.2 Wrapped Bitcoin (WBTC) to Coinbase Prime is notable digital asset activity. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 07, 2026 22:32 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. CAKE dropped 10.13%, DOT fell 9.45%, and SUSHI declined 9.37%.

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