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Token BTC

Aug 14, 15:45

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SOC Team

US Government deposited 10,000 BTC ($540M) to Coinbase

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Total tokens transferred

Token BTC

10K

BTC

Wallet bc1ql (likely the US Government) just deposited 10,000 BTC ($540M) to Coinbase:

 

Notably, the wallet received those 10,000 BTC from the well-known Silk Road DOJ Confiscated Funds wallet bc1qf2yvj48mzkj7uf8lc2a9sa7w983qe256l5c8fs of the US government 16 days ago.

 

So far in 2024, the US government has deposited 15,999 BTC ($966.5M) to Coinbase at an average price of $60,410.

 

Currently, the US government still holds around 203.6K BTC ($11.91B) across various addresses.

 

Fig 1. Wallet bc1ql (likely the US Government) deposited 10,000 BTC ($540M) to Coinbase.

 

Fig 2. The BTC deposits to Coinbase by the US Government in 2024.

#us government
#deposit
#coinbase
#silk road