Wallets linked to the U.S. government moved 12,267 bitcoin BTC $81,805.37, worth about $1.01 billion, on Thursday
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The coins left a wallet holding funds seized in the 2016 Bitfinex hack and went to a new, unlabeled address, with a second transaction going to a different address.
Key facts
- The transfer follows heavier exchange-bound activity 24 hours earlier, when roughly 3,200 BTC (about $264 million) and $119 million in USDT were deposited into Coinbase Prime addresses
- Wallets linked to the U.S. government moved 12,267 bitcoin BTC $81,805.37, worth about $1.01 billion, on Thursday, according to data provided by blockchain intelligence firm Arkham
- On Wednesday that more than $100 million in BTC and BNB moved in a similar fashion
- A March 2025 executive order directed that forfeited bitcoin be placed into a Strategic Bitcoin Reserve and said it should not be sold
Summary
U.S. government-linked wallets moved 12,267 BTC ($1.01 billion) from a Bitfinex hack seizure wallet to new, unlabeled addresses. The move follows heavier exchange-bound activity a day earlier, when roughly 3,200 BTC ($264 million) and $119 million in USDT reached Coinbase Prime deposit addresses. A March 2025 executive order says forfeited bitcoin should go into a Strategic Bitcoin Reserve and not be sold. Wallets linked to the U.S. government moved 12,267 bitcoin BTC $81,805.37, worth about $1.01 billion, on Thursday, according to data provided by blockchain intelligence firm Arkham.