ALL THE HEADLINES DEFINITIVELY CLAIM THAT THE US GOV MOVED $2B WORTH OF COIN BUT THIS LOOKS LIKE A ~$70 TRANSACTION WITH ~$2B CHANGE. image

Replies (21)

Slurix's avatar
Slurix 1 year ago
They buying a cold storage wallet post BTC conference.
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True 😅 But it would also help if we could just build a more user friendly explorer ✌️
What explorer is that? I don't recognise it. How does it label US govt as the owner of the UTXO? I guess it uses some kind of public info to identify the address?
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EsPi 1 year ago
Exactly what I thought
Yes indeed. But the good thing is we cannot know for sure before any further recipient addresses get identified. For the less technical: A gov wallet got split into two new wallets, one with 99.999% of the funds and the other with 0.001%. Typically that's how it looks when a whale buys a coffee on chain. When a whale wants to sell, he would send 100% to the exchange and not bother to retain 0.001%.