Crypto

U.S. government sends $770M BTC to Coinbase, why now?

U.S. government wallets moved 9,261 BTC worth $770M to Coinbase Prime, but custody use and reserve rules mean the transfer does not confirm a sale.

U.S. government wallets moved 9,261 BTC worth $770M to Coinbase Prime, but custody use and reserve rules mean the transfer does not confirm a sale.

Source: https://crypto.news/u-s-government-sends-770m-btc-to-coinbase-why-now/