CryptoMedium•7 October 2026•
1 min read
US Government Transfers $102M in Bitcoin and BNB to Coinbase Prime
Key Facts
1US government wallets transferred 833.6 BTC worth $71 million to Coinbase Prime.
2The transfers also included $31 million in BNB amid speculation regarding potential liquidation.
US government wallets transferred 833.6 BTC worth $71 million to Coinbase Prime. Blockonomi reported that the transfers also included $31 million in BNB, bringing the total value of the moved digital assets to approximately $102 million.
The movement of these seized assets to exchange-linked addresses has sparked speculation regarding potential liquidation by government agencies. Coinbase (COIN) shares closed at $185.74 on October 6, 2026, after reaching a day high of $192.8 and a low of $184.83.