US Government Moved Some of Its Altcoins After the Rise!

The US government, which has been on the agenda with its Bitcoin (BTC) sales, has come to the fore today with its altcoin transfers.

According to Arkham Intelligence data, the US government has moved some of the funds it seized from FTX/Alameda in recent hours.

Accordingly, the US government transferred a total of $33.6 million worth of crypto money from the “FTX Alameda Seized Funds” wallets to two unidentified wallets starting with 0x9cd and 0x9ac.

Altcoins that were moved included Ethereum (ETH), Shiba Inu, BUSD, and various altcoins.

According to Arkham, the coins included 5024 ETH (about $18.17 million), 13.58 million BUSD, 54.89 billion SHIB (about $1.55 million), and altcoins such as AERGO, POWR, AXS, YFI, WBTC, NMR, COMP, SRM, and RLC.

The US government's $33.6 million transfer came after a rally in the market.

*Not investment advice.