U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show

U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show

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Source: Coindesk.com

An address labeled "U.S. Government: Ryan Farace Seized Funds" moved BTC worth nearly $4 million to Coinbase 11 hours ago, according to Arkham Intelligence. The potential selling pressure represents less than 1% of BTC's 24-hour trading volume.

The U.S. government transferred 58.742 bitcoin (BTC), worth nearly $4 million, to Coinbase (COIN)

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The post "U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show" appeared first here Coindesk.com.

Source: Coindesk.com

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