Latest Update
2026-10-07 10:16 UTC

U.S. Government: Moves $565M Seized Funds to Coinbase Prime

U.S. Government: Moves $565M Seized Funds to Coinbase Prime

U.S. Government shifts another $94.15M USDT from FTX/Alameda to Coinbase Prime, bringing total transfers to $565.87M including Bitfinex hacker BTC.

Source

Analysis

U.S. Government transferred an additional $94.15M USDT from FTX/Alameda seized funds to Coinbase Prime, pushing the cumulative amount moved in recent hours to $565.87M.

The latest batch follows an initial $471.7M tranche that included 3,974 BTC linked to the Bitfinex hacker plus multiple FTX/Alameda positions in BTC, WBTC and USDT, with some flows routed through fresh wallets.

BTC trades at $82674.98 inside its Bollinger band on the 4h chart, with price testing the lower band near $82159.4 while the EMA200 at $82169.69 offers immediate support and the EMA50 at $84475.01 caps upside; RSI at 29.91 signals oversold conditions yet the MACD death cross at -608.58 keeps the structure bearish, suggesting any relief rally will likely stall at the upper band $87268.0 before retesting the 200-EMA confluence.


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