US Government Transfers Ethereum to Coinbase, Sparking Fears of Bigger Liquidation

The US transferred Ethereum worth $219,000 to Coinbase, sparking fears of a potential sale. ETH’s price hasn’t been impacted, but the community has a lot of unanswered questions. On the surface, this looks like a minuscule amount compared to the federal government’s $650 million ETH stockpile. However, this is its first transfer of assets to an exchange since shortly after President Trump took office, and it may be a warning sign source: https://beincrypto.com/us-government-transfers-ethereum-coinbase/