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 moves in ... (full story)