Blockchain data from Arkham Intelligence shows that the U.S. government transferred seized digital assets linked to FTX and Alameda Research to wallets associated with Coinbase Prime.
The transfers included approximately 319 Ethereum, along with 643,035 DAI and 290,416 USDT, drawing close attention from crypto market participants.
Government-linked wallet activity is closely monitored by traders due to concerns that such movements could signal future liquidation or sale operations capable of impacting market liquidity and prices.
U.S. authorities have not yet provided official clarification regarding the purpose of the latest transfers or whether they are connected to potential institutional asset sales.