The post US Government Wallet Transfers $2.9M Worth of Bitcoin to Coinbase appeared on BitcoinEthereumNews.com.

In a notable development within the cryptocurrency sphere, a wallet reportedly associated with the US Government has executed a significant transfer. The wallet, identifiable by the address 3FMKrR…aguF, moved approximately 58.7 BTC, valued at around $2.9 million, to Coinbase. This substantial transfer has generated considerable buzz and speculation among cryptocurrency enthusiasts and analysts alike, who are eager to understand the motives behind this action. The movement of such a large amount of Bitcoin by a government-linked wallet could have far-reaching implications for the market, prompting widespread interest and scrutiny. Source: https://en.coinotag.com/breakingnews/us-government-wallet-transfers-2-9m-worth-of-bitcoin-to-coinbase/

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Filed under: News - @ July 23, 2024 6:24 am