Why did the US government send $71M in Bitcoin to Coinbase Prime?

In Bitcoin Layer 1 Memecoins Exchange tokens BNB

Wallets linked to the U.S. government moved 833.599 BTC to Coinbase Prime deposit addresses and shifted 40,285 BNB through other wallets. The transfers were valued at about $103.19 million in total, and the blockchain activity did not confirm a sale.

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Wallets linked to the U.S. government moved 833.599 BTC to Coinbase Prime deposit addresses and routed 40,285 BNB through unlabeled or fresh wallets on Tuesday.

U.S. Government Moves $103 Million in Seized Bitcoin and BNB, Sending BTC to Coi

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The transfer was valued at about $103.19 million overall, including roughly $71.56 million in bitcoin and about $31.63 million in BNB.

U.S. Government Moves $103 Million in Seized Bitcoin and BNB, Sending BTC to Coi

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The BTC’s status under the Strategic Bitcoin Reserve was described as unclear.

Bitcoin News: US Government-Linked BTC & BNB Move to Coinbase Prime

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Government-labeled wallets sent the bitcoin to Coinbase Prime deposit addresses while the BNB was shuffled separately, and no explanation for the move was given.

US Government Moves $103 Million in Seized Bitcoin and BNB, But Hasn't Said Why

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Blockchain data does not confirm that a sale took place or that a sale order was placed.

U.S. Government Moves 833.599 Bitcoin to Coinbase Prime

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