Throughout a interval of sharp sell-off within the cryptocurrency market, a exceptional quantity of property moved from US authorities wallets.
In keeping with Arkham information, a complete of $7.5 million value of cryptocurrency was transferred to totally different wallets within the final 24 hours.
Authorities transferred $300,000 value of NEXO, $3 million value of WETH, and $4.2 million value of TRX within the final 24 hours. The NEXO and TRX property have been reportedly seized two years in the past as a part of Alameda Analysis investigations, whereas the WETH reportedly got here from cryptocurrencies seized between 2022 and 2024 within the Bitfinex hacker Ilya Lichtenstein case.
These transactions symbolize solely a small fraction of the US authorities’s large crypto portfolio. In keeping with Arkham information, there are 613 addresses affiliated with the US authorities, with a complete crypto asset worth exceeding $28.5 billion.
Among the many major property held by the federal government, the next stand out:
- Bitcoin (BTC): 326,588 BTC – roughly $27.82 billion
- USDT: $351.4 million
- Ethereum (ETH): 64,731 ETH – roughly $179 million
- WBTC: $63.7 million
- BNB + WBNB: Whole roughly $52 million
- USDC: $11.58 million
- WETH: $11.43 million
- DAI: $8.67 million
- UNI: $1.93 million
- LINK: $1.22 million
*This isn’t funding recommendation.
