Bitcoin

<p>The post <a href="https://coinpedia.org/crypto-live-news/us-government-moves-3940-btc-worth-240m-to-an-exchange/" rel="noopener noreferrer nofollow">US Government Moves 3940 BTC Worth 240M To An Exchange</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The US government has reportedly moved 3,940 Bitcoins to an exchange on June 26 leading to a sell-off speculation. The Bitcoins were seized from drug trafficker Banmeet Singh worth around $240 million. The tokens were moved from the US government’s wallet which approximately holds $13.4 billion worth of crypto, to Coinbase Prime. The US government is one of the largest Bitcoin whales in the world as the amount it holds equates to roughly 1% of Bitcoin’s total supply. Most of the US government’s crypto holdings, mainly accumulated through confiscation of criminal funds, consist of Bitcoin.</p>

US Government Moves 3940 BTC Worth 240M To An Exchange

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