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The U.S. government wallet transferred $1 billion worth of Bitcoin from the Bitfinex hacker address to an "unknown" wallet. Arkham CEO stated it's unclear whether this is a sale or a custodial transfer.
A U.S. government-linked wallet today transferred approximately $1 billion in Bitcoin from the Bitfinex hacker address. Arkham Intelligence CEO Miguel Morel explained that transaction tracking showed the transfer, but it is currently unclear whether these Bitcoins will be sold or moved to a new custodian. He also discussed the potential impact of disposition orders and strategic Bitcoin reserve policies.
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