🚨URGENT: The U.S. government moved $1 billion in $BTC in a single day! Reserve, sell-off, or return? A government wallet transferred 12,267 BTC (approx. $1.01 billion) on October 8, and the move is being interpreted on social media as a sell-off. However, these are funds linked to the Bitfinex hack, which a court ordered to be returned. What’s happening: - 12,267.02 BTC were transferred to new, unidentified addresses, with no confirmed deposits to exchanges or sales (according to Arkham). - The court ordered restitution to Bitfinex in kind; therefore, the funds are being returned, not sold. - The smaller transfers made on October 7 (approx. 833.6 #bitcoin, $71.56 million) were the ones sent to Coinbase Prime. - Government-linked wallets still hold around $25.5 billion in cryptocurrency (according to Arkham). #Altcoin Season# #BNBChain#