The U.S. government sent 833.6 Bitcoin to Coinbase Prime – Why this transfer matters

The U.S. government transferred 833.6 BTC, worth roughly $103 million, to Coinbase Prime, alongside seized BNB, according to on-chain data. Officials have not explained the purpose, so the movement does not confirm a sale; it could reflect custody or asset-management activity. Because transfers to an exchange can precede liquidation, the transaction has prompted concern about potential near-term sell pressure, though its market impact remains uncertain.