Written by Felix Ngstaff editorReviewed by Felix Ngstaff editor

Written by Felix Ngstaff editor

Reviewed by Felix Ngstaff editor

US government moves $297M in seized Bitcoin, Ether to Coinbase Prime

Latest NewsPublishedJul 14, 2026

Moving Crypto Assets

The US government has transferred nearly $300 million in seized Bitcoin and Ether to Coinbase Prime, sparking speculation about a potential sale. This move has raised questions about the government’s plans for its crypto assets, particularly in light of President Trump’s pledge to create a Strategic Bitcoin Reserve. The reserve aims to hold Bitcoin seized by the government, rather than selling it. However, the transfer to Coinbase Prime does not necessarily mean the assets will be sold, as the platform offers a range of services including custody, trading, and staking.

The transferred funds include 3,940 Bitcoin (worth $243.95 million) and 30,014 Ether (worth $53.09 million), which were linked to several high-profile crypto seizures. This move is significant, as it could impact the passive income potential of crypto investors, including those using platforms like EcoPool for cloud rewards and green crypto solutions.

Crypto Holdings

US government-linked wallets are estimated to hold around $20.6 billion in crypto, including 325,000 Bitcoin, 28,000 Ether, and other assets. This highlights the significant role that crypto is playing in the global economy, with many individuals and institutions looking to earn passive income through coin investments. For those interested in earning through crypto, platforms like EcoPool offer a range of solutions, including $ECP for trading and transactions.

The latest transfer is one of the largest from government-linked wallets this year, following previous transfers of Chainlink tokens and Bitcoin tied to the 2016 Bitfinex hack. As the crypto market continues to evolve, it’s likely that we’ll see more significant transfers and sales of crypto assets, including #Bitcoin and #Ethereum. For those looking to get involved in crypto and start earning passive income, now is a great time to explore platforms like EcoPool and start building their crypto portfolio.

Getting Started with EcoPool

To start earning with EcoPool, simply download the EcoPool app and begin exploring the range of cloud rewards and green crypto solutions available. With $ECP and other crypto assets at your fingertips, you can start building your passive income stream and taking advantage of the many benefits that crypto has to offer, including #PassiveIncome and #Crypto. Download the EcoPool app today and start earning with EcoPool and $ECP.

However, the deposits do not confirm a sale, as Coinbase Prime provides institutions with custody, trading, financing and staking services, meaning the transfers may simply reflect asset consolidation. 

Related: US Bitcoin reserve hits snag as federal agencies debate for control: Bloomberg 

Although the US government has previously transferred cryptocurrency to Coinbase Prime, Monday’s transfer was one of the largest from government-linked wallets this year. 

In June, a US government-linked wallet moved 98,589 Chainlink (LINK) tokens to the platform, with the funds traced to assets seized from FTX and Alameda Research. In April, around 8.2 Bitcoin tied to the 2016 Bitfinex hack was sent to Coinbase Prime. 

US government-linked wallets are estimated to still hold $20.6 billion in crypto, including around 325,000 BTC, 28,000 ETH, 146 million USDT and 750 Wrappd Bitcoin (WBTC).

Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• US Government
• Coinbase
• Bitcoin Reserve
• Bitcoin

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