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U.S. Government-Labeled Addresses Move $12.9 Million in Crypto Over Six-Hour Window

GateNews
On-Chain DataCapital Flow
ETH-2.03%
WBTC-0.31%
According to Arkham data, U.S. government-labeled seized-funds addresses moved roughly $12.9 million in crypto over a six-hour window. The largest transfer came from a Bitfinex hack-related address, which sent about 5,939 ETH and 296,709 USDT to Coinbase Prime, valued at approximately $11.45 million. Separately, an FTX/Alameda seized-funds address transferred assets including 209.18 ETH, 0.533 WBTC, and various tokens worth about $543,000. The transfers follow a larger $288 million government-linked movement earlier this week to the same custody platform.
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