Analysis: U.S. Government's Transfer of 17,733 BTC Is a Custody Arrangement, Not a Sell Signal

PANews October 13 news: K33 Research analysis pointed out that the 17,733 BTC recently transferred by the U.S. government to Coinbase Prime is a custody arrangement, not a sell signal. Among them, part of the transferred BTC includes 12,267 BTC related to the Bitfinex hack incident, which remains under the control of the custodian, and only about 1,200 BTC may be eligible for sale.

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