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US Government now holds $166M in Ethereum
On July 7, the US Government deposited over $219,0000 worth of Ethereum (ETH) to Coinbase Prime, raising concerns about a potential crypto selloff. According to data from Arkham Intel, the transaction came from a wallet called “US Government: FBI,” which holds $100,000 worth of ETH originally seized from NFT scammer Chase Senecal, also known as Horror (HZ), in October 2022. In total, however, the U.S. Government currently holds 65,156 ETH, worth $166 million. The government has issued no official statement in regard to the recent deposits, but the timing and nature of the transaction point to possibly larger ... (full story)
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From @realDonaldTrump|Jul 8, 2025|30 comments
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