Lookonchain
A wallet tagged to the U.S. government deposited 140.214 $BTC, worth about $8.89 million, to Coinbase Prime after roughly four years of dormancy, on-chain data shows. The address last moved funds in 2021, and the deposit is the largest from that wallet since the U.S. government began publicly tracing its seized holdings.
Why it matters
Wallets linked to U.S. federal seizures (the DOJ, FBI and U.S. Marshals Service are the typical holders) routinely route through Coinbase Prime before being auctioned or sold via the Marshals Service. A deposit to Prime is usually the first step in that pipeline, not a one-off transfer. Dormant wallets waking up after multi-year silences have, in previous cycles, preceded multi-week sale programs that have weighed on spot $BTC in the days and weeks that followed.
Market impact
The dollar amount is modest against daily $BTC volume, but the signal is the dormant address itself. If Marshals proceeds through the typical auction route, an over-the-counter block can clear with limited price impact. A direct sale into the Prime book, by contrast, adds visible sell-side liquidity at a time when thin-order-book weeks have amplified similar flows. Traders will watch the address for follow-up deposits; one transfer after four years of silence tends not to be the last.
Frequently asked questions
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Which U.S. government wallet deposited the BTC to Coinbase Prime?
On-chain analytics tag the address to the U.S. government, typically associated with DOJ, FBI or U.S. Marshals Service seized holdings. The specific agency has not been officially named in the deposit.
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How much Bitcoin was moved and what was it worth?
The wallet deposited 140.214 $BTC, worth roughly $8.89 million at the time of the transfer, to Coinbase Prime.
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Why does a deposit to Coinbase Prime matter for $BTC price?
Coinbase Prime is the venue U.S. agencies typically use before auction or sale of seized coins. A deposit signals an upcoming disposal step, not routine wallet maintenance.
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How long was the wallet dormant before this move?
The address had been inactive for roughly four years, with the previous on-chain activity traced back to 2021.
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What should traders watch after this transfer?
Traders typically monitor the address for follow-up deposits, the U.S. Marshals Service auction calendar, and order-book depth on Coinbase Prime for signs of a near-term OTC sale.
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