U.S. Government: Deposits FTX Seized ETH to Coinbase Prime

U.S. Government transferred 319 ETH worth $673K plus 643,035 DAI and 290,416 USDT from FTX Alameda seized assets straight into Coinbase Prime eight hours ago.

These deposits continue the steady liquidation flow of confiscated crypto that authorities have executed over the past twelve months.

ETH price prediction models now face fresh pressure as the four-hour chart shows price at $2111.64 locked in a bearish trend beneath the EMA50 at $2197.04 and EMA200 at $2252.26. The MACD registers a bullish golden cross at -29.59 yet RSI sits neutral at 33.5, leaving room for a quick test of upper Bollinger resistance near $2205.56 before any deeper pullback toward the $2077.24 lower band support.