The U.S. government has transferred approximately $288 million worth of seized cryptocurrency to Coinbase Prime, fueling speculation over whether federal authorities are preparing to liquidate some of their digital asset holdings or simply moving them into institutional custody.
According to data from on-chain tracker Arkham cited by Decrypt, the transfers included roughly 3,800 bitcoin valued at about $235 million and approximately 30,000 ether worth $53 million. While large transfers of government-held cryptocurrency often trigger concerns about impending sales, analysts cautioned that the latest activity does not necessarily signal that the assets will soon be sold.
The uncertainty stems from the multiple roles performed by…
