U.S. government sends $770M BTC to Coinbase, why now?

Crypto.news reports that the U.S. government transferred roughly $770 million in Bitcoin to Coinbase, a move that may signal preparation for custody changes or a sale but does not confirm that the BTC was sold. The transfer’s timing and purpose remain unclear, so it should not be treated as evidence of immediate selling pressure. If the coins are liquidated, the sale could add near-term supply and weigh on Bitcoin’s price; otherwise, the market impact may be limited.