US Government Wallets Move $103M in Seized Bitcoin and BNB

The signal here is custody mechanics, not intent: routing seized assets toward a prime brokerage deposit address is the standard first step before any disposition, and the absence of a confirmed sale leaves the actual market impact undetermined. What matters is that this government's holdings sit at the top of Arkham's ranking, so its custody behavior is now a structural input for the assets it holds rather than a one-off event. Whether the Coinbase Prime leg converts into executed sales, and whether the BNB shuffle follows the same path, is the open question worth tracking.