🔗 Crypto & DeFi

Uncle Sam Ships Seized Bitcoin to Coinbase: Steroid Bust Funds Join the National Stash

Blockchain sleuths spot the US sliding 2.4 BTC – worth $177k – from a steroid dealer’s wallet straight to Coinbase Prime. It’s not a fire sale; it’s the strategic reserve flexing.

Blockchain visualization of US government Bitcoin transfer to Coinbase Prime wallet

⚡ Key Takeaways

  • US shifted 2.4 BTC from Olivio steroid case to Coinbase Prime – consolidation, not sale. 𝕏
  • Strategic reserve now holds 328k BTC ($22B), per Trump's hold-forever policy. 𝕏
  • Moves signal accumulation, boosting long-term BTC sentiment amid AI-economic shifts. 𝕏
Elena Vasquez
Written by

Elena Vasquez

Senior editor and generalist covering the biggest stories with a sharp, skeptical eye.

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Originally reported by FinanceFeeds

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