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Is the US Government Selling $1 Billion in Bitcoin?: Security incident

The US government moved approximately $1.01 billion in Bitcoin on October 8, raising fears of a major sell-off as the cryptocurrency market continued to decline. Arkham data shows two outgoing transfers from a wallet holding Bitcoin seized in the Bitfinex hack. Lookonchain traced the larger transfer to two new addresses, holding approximately 6,000 BTC and The post Is the US Government Selling $1 Billion in Bitcoin? appeared first on BeInCrypto .

StatusUnder review
Reported loss$1.0B
ChainBitcoin
Confidence55%

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

Record history

First seen: 2026-10-08T16:35:55.000Z. Last updated: 2026-10-08T22:31:06.662Z. Revision: 1.