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U.S. Government Transfers 834 BTC and 40,285 BNB to Coinbase

US transfers 834 BTC and 40k BNB to Coinbase Prime

The U.S. government conducted a major transaction with digital assets, transferring significant volumes of Bitcoin and BNB to one of the largest cryptocurrency exchanges.

Yesterday evening, the agency moved 834 BTC, valued at approximately $71.5 million. Simultaneously, 40,285 BNB were converted for about $31.6 million.

All bitcoins were sent to the Coinbase Prime exchange wallet. This is the largest fund movement in recent months related to government seizures or court settlements.

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