According to Arkham Intelligence, 667.6 BTC, worth approximately $74.65 million at the current exchange rate, were transferred from one wallet linked to the US government. At the time of the transaction, this address held crypto assets worth $22.67 billion, including 197,354 BTC. Experts note that this is the first large transfer in seven months.
The exact purpose of the transaction is still unknown, but analysts speculate that it is a standard portfolio rebalancing. IT Tech specialists emphasize that the funds were transferred to another address, also controlled by the government, and that no cryptocurrency sales are taking place.
In July 2024, the U.S. Marshals Service (USMS), responsible for seized crypto assets, selected the Coinbase platform to manage the storage and trading of digital assets. In August of that year, attorney and financial expert Scott Johnson reported that authorities were gradually using the exchange to liquidate part of the portfolio. At the same time, Bitcoin experienced a sharp correction following the transfer of 10,000 BTC.
US President Donald Trump announced the end of these sales. In March 2025, he signed an executive order establishing the confiscated crypto assets as a national reserve. Since then, the outflow of Bitcoin from the specified wallet has ceased, and further movements are part of an internal redistribution of funds.
Therefore, the latest transfer does not indicate an attempt at sale or market manipulation, but rather reflects the US government's internal financial strategy. Analysts believe that such actions help maintain reserve balance and manage portfolio liquidity without affecting the market. Transfers in government wallets remain the subject of close scrutiny by experts and crypto analysts. Every major movement is closely monitored and analyzed, as it could signal strategic decisions affecting the digital asset market. It's important for investors to understand that such transactions are typically not related to trading, but serve internal administrative purposes and the management of government reserves.