Coinfomania and crypto.news agree on the size of a U.S. government crypto transfer but disagree on where the BNB portion ended up.
Coinfomania and crypto.news agree on the size of a U.S. government crypto transfer but disagree on where the BNB portion ended up.
What all sources agree on
U.S. government-linked wallets transferred 833.6 BTC worth about $71.6 million.
40,285 BNB valued at approximately $31.6 million was also transferred.
The combined transfer totaled approximately $103 million.
Government-linked wallets still hold around $28 billion in crypto assets, including roughly 324,000 BTC valued at $27.7 billion.
The Bitcoin portion of the transfer was sent to Coinbase Prime.
Where the reports disagree
1 Whether the 40,285 BNB was sent to Coinbase Prime or to a different address
U.S. government-linked wallets moved 833 BTC to Coinbase Prime… 40,285 BNB worth around $31.6 million was also sent.
Coinfomania 2026-10-07 04:55
The $71.56 million in Bitcoin was sent to Coinbase Prime, while the BNB moved through several addresses before reaching 0xBE7…81E.
crypto.news 2026-10-07 06:21
What would settle it: On-chain transaction records tracing the 40,285 BNB from the originating government-linked address to its final destination.
What to make of it
Treat the BTC transfer to Coinbase Prime and the overall $103 million figure as established, but the final destination of the BNB is unresolved until on-chain records showing the BNB's final address are checked.
Treat the BTC transfer to Coinbase Prime and the overall $103 million figure as established, but the final destination of the BNB is unresolved until on-chain records showing the BNB's final address are checked.
Update 07 Oct 2026, 08:35 UTC · added by CoinGape
CoinGape adds specific figures to the transfer: roughly $103M total, including 833.6 BTC (about $71.56M) sent to Coinbase Prime and 40,285 BNB (about $31.63M) routed through multiple hops to an unlabeled wallet, resolving the destination dispute in favor of neither being a direct Coinbase deposit for the BNB. It also reports that no Treasury or DOJ statement has confirmed the transfer’s purpose, with analysts characterizing it as a likely custody reshuffle rather than a confirmed sale.
Update 08 Oct 2026, 00:23 UTC · added by AMBCrypto, CoinTurk News EN, CryptoBriefing, CryptoSlate, Decrypt, U.Today
CoinTurk resolves the dispute, reporting—per Lookonchain and EmberCN tracking—that the BNB also moved to Coinbase Prime alongside 833.6 BTC, putting the BTC leg at $71.56 million and the BNB leg at $31.63 million. Arkham Intelligence, cited by CryptoSlate and CryptoBriefing, puts the total transfer far higher, at roughly $470 million to $560 million, saying it also included wrapped Bitcoin and USDT tied to the 2016 Bitfinex hack and Alameda/FTX seizures. Decrypt adds that no sale has been confirmed yet, though the wallets represent the largest crypto stash held by any government in Arkham’s ranking.
Update 08 Oct 2026, 03:40 UTC · added by Crypto News Australia
Crypto News Australia ties the transfer to broader market action, reporting that Bitcoin sank to US$82,898 (AU$119,179) late Wednesday — its lowest level of the month — before recovering slightly to US$83,388 (AU$119,881), still down 2.38% over 24 hours according to CoinMarketCap data. The outlet notes this price move coincided with the reported US$332 million BTC transfer to Coinbase Prime, and cites the Crypto Fear and Greed Index as additional market context not covered in the original dispute over the BNB destination.
