🔍 The US government moved 30,175 BTC, worth almost $2 billion, to a Coinbase-linked wallet on April 2. This transfer coincided with a Bitcoin price decrease, dipping below $65,000 before recovering. Detected by on-chain analyst ZachXBT, it stirred speculation about the government's plans.

💼 The transfer, starting with a test transaction of 0.001 BTC, raised questions within the crypto community about the government's intentions with its digital assets, notably those linked to the Silk Road marketplace.

🔗 The recipient wallet, confirmed as belonging to Coinbase, suggests a potential government-backed move to sell or exchange the confiscated bitcoins, following a significant public offer in March 2023.

💡 This transfer sparks discussions on the control and disposal of seized digital assets, with implications for the cryptocurrency market. The US government's prior filing to sell seized BTC adds further intrigue.