US Government Moves $100M in Bitcoin and BNB
Blockchain data shows government-linked wallets shifted over $100 million in BTC and BNB on Tuesday.
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
Key takeaways
- U.S. government wallets moved over $100 million in BTC and BNB on Tuesday.
- The transaction activity was identified by on-chain tracking firm Arkham.
- No official sale has been confirmed following the wallet transfers.
On-chain data tracked by Arkham caught something major Tuesday: U.S. government-linked wallets moved over $100 million in Bitcoin and BNB.
Trading desks started speculating instantly. Still, don't jump to conclusions—there's zero confirmation authorities are getting ready to unload those funds on the open market.
Government entities shuffle seized crypto around all the time. They shift assets between internal storage, treasury wallets, or third-party custodians during routine security audits. Markets panic anyway. But an on-chain transfer isn't an immediate liquidation. Not even close.
Why it matters
Federal wallets hold billions in confiscated assets, making public agencies some of the biggest single entities in crypto. Routine administrative moves can easily spook traders and trigger sharp, short-term price swings. Keeping tabs on these addresses gives you an early warning of potential supply drops before they actually hit public order books.
Source: CoinDesk
Top Crypto Casinos Right Now
🇬🇧 Showing sites that accept players from United Kingdom Change country
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
More info Less info
Why we chose it: A US-oriented casino that turns away only New Jersey. The cashier takes crypto, but the site publishes fewer specifics than any operator we list.
- KYC
- Required
Restricted countries: New Jersey (US).
More info Less info
Why we chose it: The LatAm door of the BetNow platform: Spanish-first, a 200% welcome at 20x rollover, and a weekly 2% rebate. Crypto rails unconfirmed — check before depositing.
- KYC
- Required
Restricted countries: Australia, Costa Rica, Central African Republic, Congo - Brazzaville, Eritrea, France, Guinea-Bissau, Iraq and 15 more.
Daniel Okoro
Daniel tracks crypto regulation and policy across the US, EU and Asia, with a decade in financial journalism.
