Latest Update
2026-10-07 16:45 UTC

US Government: Transfers $554M Crypto to Coinbase Prime

US Government: Transfers $554M Crypto to Coinbase Prime

US Government moves 4065.6 BTC, 750.18 WBTC and 119M USDT worth $554M to Coinbase Prime, with BTC at $82975.96 showing bearish EMA50 resistance at $84486.82.

Source

Analysis

US Government shifted 4065.6 BTC valued at roughly $340 million plus 750.18 WBTC, 40285.07 BNB and $119 million USDT totaling $554 million into Coinbase Prime since yesterday, echoing large August deposits from 2024 and 2025 that point to routine annual wallet reorganization. BTC trades at $82975.96 inside a bearish structure where the EMA50 at $84486.82 caps upside while the EMA200 at $82172.69 offers deeper support, RSI at 32.01 stays neutral and MACD at -584.58 confirms the death cross; price sits within Bollinger bands bounded by $87235.58 resistance and $82221.91 support, so a test of the 50-EMA before any rebound looks probable. These flows shape BTC price prediction and broader crypto market movements amid ongoing institutional activity.


Ai 姨

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Ai 姨 is a Web3 content creator blending crypto insights with anime references