$288M US GOVERNMENT
$BTC AND
$ETH TRANSFER TO COINBASE SPARKS SELLING PRESSURE 🚨
Sixty million dollars in Bitcoin and 52,800 ETH—combined value $288M—was moved from known US government wallets to a single address on a top-tier exchange. This is not a random on-chain shuffle. The entity behind this address has historically deposited into exchange hot wallets ahead of sell orders.
The 4-hour structure shows BTC already testing a demand zone from early July, and ETH is holding above key support near 1,860. If this supply hits the order book during low volume hours, the liquidity hunt could be aggressive. Are you hedging or stepping aside until the dust clears?
Not financial advice. Always manage your risk.
#BTC #ETH #CryptoAnalysis #USGovt #OnChain 🚨