The U.S. government transferred 12,267 BTC, worth approximately $1.01 billion, from a wallet attributed to seized funds from the Bitfinex hack to an unknown address on Thursday, October 8, 2026. This marked the third consecutive day of massive transfers, bringing the total moved to over 18,400 BTC across three days. Funds from the previous day had been deposited on Coinbase Prime, but not those from October 8, and Washington provided no explanation. Bitcoin fell to around $81,400 by late afternoon, down from over $84,000 the day before, as markets reacted to these unprecedented movements. U.S. Bitcoin holdings are estimated at around 306,800 BTC, worth approximately $25 billion, with the purpose of the transfers remaining unclear.
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