US Government Address Moves $165M in Crypto in 24 Hours, Sending 1,583.8 BTC to Coinbase Prime

Government-linked wallets moving seized assets into a prime brokerage venue is the kind of flow that matters less for its size than for its pattern: repeated, staged transfers rather than a single disposal. It keeps the question of eventual liquidation in view for anyone tracking overhang from state-held coins. Whether these inbound transfers convert into actual sales, or simply reflect custody or conversion operations, is the open question — and the next wallet movements are what will answer it.