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US Government Moves 70M in BTC, WBTC and USDT Thumbnail
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US Government Moves $470M in BTC, WBTC and USDT

High Conviction

On-chain intelligence flagged a roughly $470 million movement of government-held crypto assets, with BTC, Wrapped Bitcoin (WBTC), and Tether (USDT) sent to addresses that blockchain analysts have labeled as likely Coinbase Prime deposit wallets. No official confirmation from the U.

Thiago Alvarez•4 min read•Oct 7, 2026
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