THE US GOVERNMENT HAS JUST MOVED $1.9M $BTC
A wallet linked to the BTC that was seized from FTX/Alameda has just transferred 24.41 BTC, worth about $1.9 million, to a new address
Notably, this wallet has been carrying out larger transactions continuously for a month, so this latest move is being watched closely by the on-chain community
But hold up—no FUD 👀
Moving a wallet ≠ selling BTC
There’s currently no information indicating that these BTC have been sent to an exchange for sale. It may simply be a transfer or a reorganization of the seized assets
Even so, with BTC…
A nearly $2M transaction from a US government wallet is still enough to make everyone take a quick look at the chart😂
Now just keep an eye on:
👉 Where will these 24.41 BTC go next?
A wallet linked to the BTC that was seized from FTX/Alameda has just transferred 24.41 BTC, worth about $1.9 million, to a new address
Notably, this wallet has been carrying out larger transactions continuously for a month, so this latest move is being watched closely by the on-chain community
But hold up—no FUD 👀
Moving a wallet ≠ selling BTC
There’s currently no information indicating that these BTC have been sent to an exchange for sale. It may simply be a transfer or a reorganization of the seized assets
Even so, with BTC…
A nearly $2M transaction from a US government wallet is still enough to make everyone take a quick look at the chart😂
Now just keep an eye on:
👉 Where will these 24.41 BTC go next?
