The transfer is not large by any measure. At the current Bitcoin price of around $72,500, the moving 2.44 $BTC is barely noticeable. Social media observers have humorously called this amount the "ant government." But the destination raised surprise. Coinbase Prime is the institutional division of the exchange used for document storage, asset management, and in some cases, liquidation by the U.S. Marshals Service. It is unclear whether this transfer is routine asset consolidation or preparation for sale.


Related: The CLARITY Act gains support from the most prominent voices in cryptocurrency.
This issue is more important than usual right now. In January, Treasury Secretary Scott Bessent publicly confirmed that the administration has halted all sales of seized Bitcoin and is instead adding it to the Bitcoin Strategic Reserve created by an executive order in 2025. Any move toward liquidation would contradict the stated policy.
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