US Government Wallets Move More Than $103M in Crypto
US government-linked wallets moved more than $103 million in crypto within nine hours, according to Arkham.
The transfers included 833 $BTC and 40,285 $BNB sent to unlabeled addresses.
Government wallet movements are closely watched because transfers can precede custody changes, asset management activity or potential sales, although movement alone does not confirm that the assets are being sold.