US Sends $244M BTC to Coinbase: Trump Promise Broken?

 Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert

Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app

The US government also transferred some ETH to the exchange.

According to data coming from Arkham Intelligence, wallets linked to the United States government have moved almost $300 million in bitcoin and ether to Coinbase Prime, reigniting concerns that Washington could be preparing to sell part of its massive BTC stash despite Trump’s previous pledge.

The report noted that the moved bitcoin originated from assets seized in cases connected to convicted dark-web dealer Ryan Farace and the defunct BTC-e exchange. The ETH was linked to Brian Krewson, who was implicated in a crypto custody and money-laundering scheme.

Will Trump Break His Promise?
The transfers in question were for 3,940 BTC (valued at around $244 million at the time) and 30,014 ETH (worth approximately $53 million), making the total $297 million. Although the transfers do not necessarily constitute sales, moving large sums to Coinbase Prime often fuels speculation because the platform offers institutional trading and execution services.

Nevertheless, Coinbase’s arm also provides custody, financing, and other infrastructure, meaning that the transfer alone does not confirm whether the US government has indeed liquidated the crypto stash.

By joining our Binance signal service you will be able to exactly follow the Binance Futures Market trades of our highly Experienced Traders.

High Performance Signals Verified by Huge Number of Traders.Reliable signals from Experienced Traders.

It is very easy to grow your Binance account by being part of our Growing Community.

We have some expertise in trading, our team is well aware of the market fluctuations in the Bitcoin industry with 6 years of experience.

Kindly join our Crypto Signals Pro Group to get all the benefits as our existing members are already getting it.

Comments

Popular posts from this blog

Zcash Leads Market Gains, Bitcoin Climbs Above $103K

How $125K Became $43M in an ETH Trade

BTC Price Targets $115K Amid Fed Easing Buzz