Original sourceCryptoSlate
Summary
According to Arkham's on-chain observations, the US government moved about $470 million in seized crypto assets (BTC, WBTC, USDT) to addresses likely belonging to Coinbase Prime, reigniting discussion over whether the government is selling or merely transferring custody. The assets are linked to th…
Key points
- Readers following policy and market structure can understand the limits of interpreting on-chain signals and avoid mistaking custody transfers for sell-offs.
- How the government holds and disposes of seized assets directly affects market supply expectations and the credibility of strategic reserve policy.
- Traders and analysts need to distinguish custody transfers from actual sales; victim compensation timelines may also change with custody arrangements.
- The article mentions the 2022 seizure of 95,000 bitcoin tied to the Bitfinex hack and Trump's 2025 strategic bitcoin reserve policy discussions.
Editorial note
This page is Code & Chain's editorial summary of public sources. It may be prepared with AI assistance and published through an automated workflow. Refer to the original sources; this content is not investment, legal, or tax advice.