By Isaac • October 7, 2026 3:12 pm •
Wallets linked to the U.S. government moved roughly $103.19 million in seized Bitcoin and BNB on Tuesday, putting another major federal crypto transfer under the market’s microscope.
The headline number is big. The more important point is what the blockchain data does not prove: there has been no official announcement that the government sold either asset.
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Decrypt reports that government-labeled wallets transferred 833.599 BTC, valued near $71.56 million at the time, through two intermediary addresses and ultimately into addresses Arkham identifies as Coinbase Prime deposits. A separate movement sent 40,285 BNB, worth about $31.63 million, through unlabeled addresses.
Those are two different routes, involving assets tied to different forfeiture histories. The Bitcoin reportedly came from the
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