00 million in BTC and BNB just moved out of U.S. government wallets. Arkham flagged it this morning. No sale confirmed, no auction announced. Just wallets waking up.

That is the whole story and also the whole problem. Seized coins are the market's ghost inventory. They trade at zero until the day they don't, and nobody knows the day.

$100M is small against a day of real volume. But every time these wallets move, the tape goes quiet for a minute, because the question has no answer. Auction, custodian transfer, or pre-sale positioning.

Custody without a plan is a headline waiting to happen.

$BTC $BNB