[DigitalToday reporter Yoonseo Lee] The U.S. government moved some bitcoin seized from accounts linked to Alameda Research.

On Aug. 26 local time, blockchain media outlet U.Today reported that blockchain analytics firm Arkham detected a transfer from a U.S. government wallet that day.

The bitcoin moved came from funds seized about 3 years ago from Alameda accounts on Binance and Binance.US. Arkham did not view the transfer as a sale and did not specify the destination.

The market is watching the transaction because the U.S. government has repeatedly moved seized assets related to FTX and Alameda over recent months. Arkham also identified in May that altcoins worth about $1.9 million seized from Alameda were moved to Coinbase Prime. Assets moved at the time included Render (RNDR), Uniswap (UNI), The Sandbox (SAND), Mask Network (MASK) and Axie Infinity (AXS).

In July, a U.S. government-linked wallet transferred $288 million worth of bitcoin and ether seized in multiple criminal cases to Coinbase Prime. This transfer is also seen as part of that trend, but whether it will be sold or whether there are plans for additional transfers has not been confirmed.

Alameda holdings are part of large-scale forfeiture procedures carried out after the collapse of FTX. Arkham previously said in 2024 that the U.S. government seized 3 Alameda Research accounts on Binance and Binance.US. More than $300 million in assets were identified in those wallets, and total assets subject to forfeiture related to FTX and Alameda exceeded $700 million. Seized assets at the time included about $10,200 worth of bitcoin and wrapped bitcoin (cirBTC).

These seized assets could be used to compensate FTX victims. According to the U.S. Department of Justice, Judge Lewis Kaplan approved the government using recovered funds to compensate victims. This transfer could also be part of asset management and disposal procedures for victim repayments, but transaction records alone cannot confirm that it has entered the actual cash-out stage.

The key question going forward is whether the bitcoin moves further to an exchange or custody platform. The fact that assets were moved from a government wallet does not necessarily mean an immediate sale. Still, as the timing and method of disposing of large seized assets could affect market supply and demand, attention is expected to remain on movements in related wallets.

ALERT: US GOVERNMENT MOVING BITCOIN The US Government just moved a small amount of Bitcoin that had been seized from Alameda accounts on Binance US, 3 years ago. Will they start liquidating the rest of Alameda’s Bitcoin? pic.twitter.com/bAmAyKZK93