WuBlockchain
Arkham data show that over the past six hours, a U.S. government-labeled address holding funds seized in the Bitfinex hack transferred roughly 5,939 ETH and 296,709 USDT, worth a combined $11.45 million, to Coinbase Prime, and moved about 901,005 USDC to another address.
Separately, an address holding funds seized from FTX/Alameda transferred approximately 209 ETH, 0.533 WBTC, 1,231 COMP, 5.37 YFI, 4,054 NMR, 4,107 AXS and 138,950 RLC to multiple addresses, about $543,000 in total.
The transactions are part of the long-running process of liquidating or consolidating crypto assets seized in enforcement actions. Sending seized funds to Coinbase Prime typically points to an over-the-counter sale or custodian transfer.
Frequently asked questions
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Which U.S. government wallets were active?
Arkham flagged two: one holding funds seized in the Bitfinex hack and another holding funds seized from FTX/Alameda.
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How much crypto was moved in total?
Roughly $12.9 million combined across both wallets, with the Bitfinex-hack address accounting for the bulk at about $11.45M.
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Where did the Bitfinex-hack wallet send the funds?
Around 5,939 ETH and 296,709 USDT went to Coinbase Prime, while approximately 901,005 USDC went to another address.
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What tokens did the FTX/Alameda wallet move?
It transferred about 209 ETH, 0.533 WBTC, 1,231 COMP, 5.37 YFI, 4,054 NMR, 4,107 AXS and 138,950 RLC, totaling roughly $543,000.
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Why send seized crypto to Coinbase Prime?
Coinbase Prime is typically used as an OTC or custodian counterparty, suggesting a planned sale, swap or custody transfer of the seized assets.
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