The U.S. government transfers 3,940 BTC to Coinbase

A digital asset wallet believed to be controlled by the United States government has recorded activity. On-chain data provided by Arkham Intelligence, a blockchain explorer, indicates that the U.S. government transferred 3,940 bitcoins worth roughly $241 million to Coinbase, a US-based digital asset exchange. source: https://www.cryptopolitan.com/the-u-s-transfers-btc-to-coinbase/