US Government Shifts $770M in Bitcoin as Mystery Wallets Emerge
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The U.S. government moved roughly $770 million worth of Bitcoin to several wallets, including addresses whose ownership and purpose are unclear. The transfers appear to involve seized Bitcoin and do not by themselves indicate a sale. The key implication is potential near-term market uncertainty: if the coins are sent to exchanges or sold, they could add selling pressure, but the wallet movements alone do not confirm that outcome.
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