BeInCrypto: U.S. government moves $470M in crypto to Coinbase Prime deposit addresses

The U.S. government moved roughly $470M in crypto to Coinbase Prime deposit addresses, including BTC, WBTC, and USDT. Transfers to an exchange custodian typically raise the probability of near-term distribution or liquidation, increasing perceived supply overhang and headline-driven volatility. The flow is most directly relevant to BTC given its inclusion and its role as the primary benchmark for broader crypto risk sentiment.