By Isaac • October 8, 2026 3:10 pm •
The U.S. government moved 9,261 Bitcoin worth roughly $770 million to Coinbase Prime across two days.
That is enough to rattle a market already trading near $81,000. It is not enough to prove Washington sold a single coin.
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The destination matters because Coinbase Prime can facilitate trading. It also provides institutional custody, and the U.S. Marshals Service has used it to manage seized digital assets.
A transfer to the platform establishes movement and custody. It does not reveal the next transaction.
What moved—and where it came from.
Cointelegraph reported that government-linked wallets sent about 8,428 BTC to Coinbase Prime after moving another 834 BTC the previous day. Galaxy Research put the combined total at 9,261 BTC.
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