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US government moves another $1 billion in Bitcoin as BTC slides $4,000

CryptoSlate
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US government moves another $1 billion in Bitcoin as BTC slides $4,000

US government-linked wallets moved over $1 billion in Bitcoin on Oct. 8 as BTC prices fell and more coins reached Coinbase Prime. On Oct. 8, Galaxy Research flagged the transfer of 12,267 BTC, valued at approximately $1 billion, from a government-controlled address holding assets recovered from the 2016 Bitfinex hack. The Bitcoin initially moved to […] The post US government moves another $1 billion in Bitcoin as BTC slides $4,000 appeared first on CryptoSlate.

Key Takeaways

  1. US government-linked wallets moved over $1 billion in Bitcoin on Oct.
  2. 8 as BTC prices fell and more coins reached Coinbase Prime.
  3. 8, Galaxy Research flagged the transfer of 12,267 BTC, valued at approximately $1 billion, from a government-controlled address holding assets recovered from the 2016 Bitfinex hack.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.