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US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals

On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals
On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee of $1.57. In recent years, the U.S. has accumulated a noteworthy collection of […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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