ARKM
−5.2%US Government Moves Over $1B in Bitcoin in Recent Transfers
Image: Bitcoin.com NewsOn October 8, US government-linked wallets transferred 12,267 BTC worth roughly $1.01 billion, per Arkham. The funds are traced to 2016 Bitfinex hack recovery, sent to unlabeled addresses with no confirmed sale. Earlier October 6 to 7 transfers moved roughly 9,261 BTC worth $770 million to Coinbase Prime, including 2,456 BTC from previously unlabeled government wallets. Galaxy Research tracks total US government Bitcoin holdings at roughly 319,086 BTC.
Key points
- Both transfer sets included 2,456 BTC from previously unlabeled government-linked wallets.
- No confirmed sale accompanied either set of recent US government Bitcoin transfers.
Why it matters
The transfers involve US government Bitcoin holdings tied to past seizures and the 2016 Bitfinex hack, with a 2025 order restricting sales of forfeited Bitcoin held in the Strategic Bitcoin Reserve.
What's unclear
The link between the 2,456 BTC from previously unlabeled wallets and US government seizures has not been independently confirmed
US authorities have not confirmed if the October 8 12,267 BTC transfer is part of the same process as earlier October transfers
Price context · BTC
At publication
$81,394.00
Now
$81,661.00
Change since
+0.33%
7 days · dashed line = publication
Sources · 2 publishers
Blockonomi
Tier 3
US Government Shifts $1B in Bitcoin Without Confirmed Sale
Coverage timeline
- First reported by Bitcoin.com News
- Confirmed by Blockonomi
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
