Blockchain trackers flagged two massive government Bitcoin transfers within 48 hours, and traders are now watching every on-chain move for clues about whether billions in seized crypto could soon flood the market.
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U.S. government wallets transferred about $1.5 billion in seized cryptocurrency on October 7 and 8, 2026, mainly Bitcoin (CRYPTO: BTC), according to blockchain analytics firm Arkham. Traders quickly took notice since a government sale of this magnitude could significantly impact the market.
Despite the large movement, Bitcoin’s value rose about 1% over the past 24 hours, trading…
