Experts Detect Capital Movement from Wallet Linked to the US Government
A wallet associated with US authorities transferred 667.6 BTC worth approximately $74.65 million at the time of the transaction, according to data from Arkham Intelligence.

A wallet associated with US authorities transferred 667.6 BTC worth approximately $74.65 million at the time of the transaction, according to data from Arkham Intelligence.
At the time of writing, the address holds crypto assets totaling $22.67 billion, including 197,354 BTC. This marks the first major bitcoin transfer from the wallet in seven months.
The exact purpose of the transfer remains unclear. Analysts suggest it could be part of a portfolio rebalancing process.
Experts from IT Tech stated that the receiving address is also controlled by the government, indicating that the transfer does not appear to be a sale.
In July 2024, the US Marshals Service (USMS), which oversees confiscated crypto assets, selected Coinbase to provide custody and trading services.
In August 2024, attorney and financial expert Scott Johnson noted that authorities were using the platform to gradually liquidate the portfolio. At that time, bitcoin experienced a sharp correction following the transfer of 10,000 BTC.
US President Donald Trump had pledged to halt these sales. In March 2025, he signed an executive order establishing a national reserve based on confiscated crypto assets.
Following that decision, bitcoin outflows from the address ceased.

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