š„ A Government Just Moved $1.4 Billion in $BTC in 72 Hours. It Hasnāt Said Why The next transaction will say more than this one did. Wallets linked to the U.S. government moved more than 17,000 $BTC, about $1.4 billion. The biggest transfer came Thursday: 12,267 BTC, roughly $1.01 billion, left a wallet holding coins seized in the 2016 Bitfinex hack and went to new, unlabeled addresses, per Arkham. A day earlier, about 3,200 BTC and $119 million in USDT reached Coinbase Prime. None of it proves a sale. Arkham saw no exchange deposit for the $1 billion transfer, though both outputs have already moved again, and Coinbase Prime is also the custodian the U.S. Marshals picked in 2024, so a deposit alone isnāt a sell order. A March 2025 executive order bars selling reserve Bitcoin, with exceptions for court orders and victim returns, and reports differ on whether a court has ordered the Bitfinex coins returned. No official explanation has been given. Traders didnāt wait. $BTC fell to $80,350 with $1.09 billion in liquidations. Though oil above $105 and Treasury yields near 24-year highs pressed on risk assets that day too, and Kalshi traders now see $78,000 as possible this month. The same day, Treasury Secretary Scott Bessent said the government will probably seize about $1 billion in Iran-linked crypto this week. Even the reserveās size is unconfirmed: as of October 2, official records listed no balance or custody arrangement. Until that changes, the blockchain is the only audit, and it shows where coins went, not why. #BTC Price Analysis# #CMC Quest: Earn Rewards# #Macro Insights#
