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Hot Development: USA Is Depositing Bitcoin in Coinbase, Is There a Selloff Coming?

DanielJune 26, 2024

According to data from Arkham Intelligence, the US government transferred 3,940 Bitcoin (BTC) worth approximately $241 million to Coinbase.

Bitcoin (BTC) $ 97,453.00 1.06%
Ethereum (ETH) $ 3,338.64 2.83%
Tether (USDT) $ 1.00 0.09%
Solana (SOL) $ 250.24 3.41%
BNB (BNB) $ 655.00 0.78%
XRP (XRP) $ 1.38 7.43%
Dogecoin (DOGE) $ 0.418640 6.38%
USDC (USDC) $ 0.999107 0.06%
Cardano (ADA) $ 0.988186 8.89%
Lido Staked Ether (STETH) $ 3,340.14 2.7%
TRON (TRX) $ 0.207713 3.62%
Avalanche (AVAX) $ 40.68 4.52%
Stellar (XLM) $ 0.509210 13.3%
Toncoin (TON) $ 6.08 4.71%
Shiba Inu (SHIB) $ 0.000025 7.79%
Wrapped stETH (WSTETH) $ 3,960.08 2.59%
Wrapped Bitcoin (WBTC) $ 97,347.00 0.64%
Polkadot (DOT) $ 8.57 8.86%
Chainlink (LINK) $ 17.47 2.99%
Bitcoin Cash (BCH) $ 505.30 3.3%
WETH (WETH) $ 3,340.73 2.7%
Sui (SUI) $ 3.34 5.75%
Pepe (PEPE) $ 0.000020 5.21%
NEAR Protocol (NEAR) $ 6.80 6.17%
LEO Token (LEO) $ 8.63 0.38%
Litecoin (LTC) $ 95.72 6.41%
Aptos (APT) $ 12.09 8.48%
Uniswap (UNI) $ 10.69 2.17%
Wrapped eETH (WEETH) $ 3,518.12 2.8%
Hedera (HBAR) $ 0.139706 11.03%
Internet Computer (ICP) $ 11.20 5.46%
USDS (USDS) $ 0.998573 0.24%
Cronos (CRO) $ 0.183763 8.57%
POL (ex-MATIC) (POL) $ 0.549581 7.24%
Ethereum Classic (ETC) $ 28.13 6.88%
Render (RENDER) $ 7.93 0.7%
Artificial Superintelligence Alliance (FET) $ 1.50 2.37%
Bittensor (TAO) $ 526.43 1.66%
Ethena USDe (USDE) $ 1.00 0.06%
Kaspa (KAS) $ 0.150181 3.82%
WhiteBIT Coin (WBT) $ 24.38 1.57%
Dai (DAI) $ 0.999084 0.07%
Bonk (BONK) $ 0.000046 7.35%
Arbitrum (ARB) $ 0.835318 5.52%
VeChain (VET) $ 0.042114 4.15%
Stacks (STX) $ 2.27 7.42%
Filecoin (FIL) $ 5.49 6.05%
OKB (OKB) $ 55.00 6.82%
Celestia (TIA) $ 7.64 3.1%
Cosmos Hub (ATOM) $ 8.34 9.74%