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US Government Transfers 4,000+ BTC and 30,000 ETH to Coinbase Prime, Worth $293M

On-Chain Data Capital Flow

2026-07-14 16:52:36

BTC4.25%

ETH6.26%

According to Arkham, the US government transferred approximately 4,000 BTC and 30,000 ETH to Coinbase Prime during July 14. A total of 2,874.9 BTC were sent in blocks 957893 and 957894, valued at approximately $183.28 million. An additional 925.5 BTC seized from Operation BTC-e were moved, valued at roughly $57.27 million. In the same period, the government transferred 30,000 ETH seized in the Brian Krewson case to a Coinbase Prime deposit address, worth approximately $53.09 million. The combined value of BTC transfers exceeded $240 million, while ETH transfers totaled $53.09 million. Such large transfers to institutional platforms may indicate asset management operations, though they do not necessarily indicate immediate sales.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

In-Depth Analysis

Gate Daily Report (July 14): The US government transfers 297 million in cryptocurrency; Trump urges the Senate to pass the “CLARITY Act”

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