CryptoMedium•7 October 2026•
1 min read
US Government Transfers 1,583 Bitcoin Worth $134M to Coinbase Prime
Key Facts
1A U.S. government-linked wallet transferred 1,583.8 BTC to Coinbase Prime.
2The transfer was valued at approximately $134 million, part of $165 million in assets moved within 24 hours.
A U.S. government-linked wallet transferred 1,583.8 BTC to Coinbase Prime. TokenPost reported that the transfer was valued at approximately $134 million, forming part of $165 million in total assets moved within a 24-hour window.
Coinbase (COIN) shares closed at $185.74 on October 6, 2026, prior to the recording of these transfers which typically signal the liquidation of seized assets. According to TokenPost, the recent movements also included 750.2 wrapped Bitcoin (WBTC) valued at roughly $62.34 million.