US Gov’t Ethereum Wallet Tests $10 Transfer to Coinbase

US Gov’t Ethereum Wallet Tests $10 Transfer to Coinbase
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A US government-controlled Ethereum wallet has executed a $10 test transaction to Coinbase Prime, signaling potential plans for larger asset movements. This activity raises questions about the government’s next steps in managing its crypto holdings.

  • The US government wallet's test transaction suggests preparation for a possible large-scale Ethereum transfer.
  • Coinbase Prime, an institutional trading platform, is often used for high-volume crypto transactions.
  • This activity may signal the government's intent to liquidate or reallocate seized crypto assets.
Related Tags: Ethereum
Other Tags: Coinbase Prime
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