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Arkham CEO on $1 Billion of U.S. Government Bitcoin Moved to “Unknown” Wallet

Arkham CEO on $1 Billion of U.S. Government Bitcoin Moved to “Unknown” Wallet

Photo: Bitcoin Magazine

A US government-linked wallet just moved about $1 billion in Bitcoin from the Bitfinex hack, and the market wants to know if a sale is coming. Arkham Intelligence CEO Miguel Morel explains what the transaction trail shows, what it can’t show, and why it’s still unclear whether the coins are being sold or moved to a new custodian. He also breaks down how disposal orders and the Strategic Bitcoin Reserve factor in. Chapters: 00:00 US Government Moves $1B in Bitfinex Hack Bitcoin 00:47 Sale or Custody Change?

Source: Bitcoin Magazine

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