According to the source, the U.S. Department of Justice is said to add 127,271 BTC from a major pig butchering scam, described as the largest crypto confiscation in U.S. history. Source: social media post; pending confirmation by the U.S. Department of Justice. Traders should wait for an official U.S. Department of Justice press release or court filing before repricing risk; primary confirmations and asset forfeiture notices are the authoritative references for U.S. government crypto seizures and liquidations. Source: U.S. Department of Justice. If confirmed, monitor three execution channels that historically precede supply events: (1) movements from U.S. government–tagged Bitcoin addresses, (2) sale or auction notices by the U.S. Marshals Service, and (3) court filings scheduling disposition of forfeited assets. These steps framed prior BTC liquidations tied to Silk Road assets. Source: U.S. Marshals Service; U.S. Department of Justice. In March 2023, the government sold 9,861 BTC from confiscated Silk Road holdings after a DOJ filing outlined a phased plan to liquidate tens of thousands of BTC through the year, demonstrating that sales are typically telegraphed and conducted in tranches rather than via market dumps. Source: U.S. Department of Justice filing in U.S. v. Zhong (March 2023) and DOJ asset forfeiture announcements. Trading takeaway: until a DOJ notice is published, prioritize confirmation risk over positioning; if a large government-held BTC balance is verified, watch for on-chain wallet alerts, U.S. Marshals sale procedures, and court-docket timelines to gauge potential sell-pressure windows and basis/funding reactions. Source: U.S. Department of Justice; U.S. Marshals Service.

According to Lookonchain, U.S. Government labeled wallets received 76.56 ETH worth about $332,000 from Coinbase roughly 4 hours ago, as shown by Arkham Intelligence on-chain data. Source: Lookonchain https://twitter.com/lookonchain/status/1958334506504802411; Arkham Intelligence https://intel.arkm.com The same wallets now hold 65,232 ETH valued near $281 million, reflecting a net balance increase of 76.56 ETH over the latest reported window. Source: Lookonchain; Arkham Intelligence For traders, this flow is an exchange outflow from Coinbase to a non-exchange holder, so monitoring these wallets for any subsequent outbound transfers to exchanges is relevant for tracking potential on exchange liquidity changes. Source: Arkham Intelligence

According to Lookonchain, U.S. Government wallets received 76.56 ETH worth about 332,000 dollars from Coinbase roughly 4 hours ago, confirmed by Arkham Intelligence on-chain labels and transfer records, source: Lookonchain on X and intel.arkm.com. According to Lookonchain, those labeled wallets now hold 65,232 ETH valued near 281 million dollars as shown on the Arkham entity page, source: Lookonchain on X and intel.arkm.com.