The US government transferred about 9,261 Bitcoin valued at $770 million to Coinbase Prime over two days. Nearly half of these coins came from the 2016 Bitfinex hack recovery, while 2,456 BTC were from wallets not previously identified as government holdings, possibly new seizures. Coinbase Prime serves as a custody and trading platform, so the transfer does not confirm any sale of the Bitcoin. The Strategic Bitcoin Reserve rules generally prohibit sales but allow transfers for court orders or victim restitution, explaining some movements without market sales. Galaxy Research estimates the US government-linked wallets now hold around 319,086 BTC, though not all are permanently owned by the government due to ongoing legal processes.
The U.S. government’s transfer of $770 million in Bitcoin to Coinbase Prime is the subject, with Pluang market data as of Oct 08, 2026 19:02 WIB. Of 50 major cryptocurrencies priced on Pluang, 23 rose and 26 fell today. Notable movers include ALGO at Rp2.362 with a 13.12% increase and a typical hold time of 129 days, BAL at Rp16.297 up 11.14%, and CRV at Rp6.923 rising 10.29%.
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