By Isaac • July 14, 2026 9:18 am •
A U.S. government wallet move put $288.33 million of seized crypto on Coinbase Prime and gave the market an immediate question: Is Washington getting ready to sell?
The blockchain cannot answer that by itself.
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It shows where the assets went. It does not show the legal instruction attached to them.
Onchain tracker Arkham flagged the deposit late Monday. The batch included roughly 3,800 Bitcoin valued around $235 million and about 30,000 Ether valued around $53 million at the time of the transfer.
The assets were associated with three federal confiscation matters involving Ryan Farace, the defunct BTC-e exchange and Brian Krewson.
All three paths ended at Coinbase Prime.
That destination can support custody, consolidation or execution.
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