The US government executed a transfer of 86.56 ETH, valued at approximately $219,000, indicating potential upcoming movements from a wallet linked to seized funds.
On July 8, the US government transferred 86.56 ETH, valued at $219,000, to a Coinbase Prime Deposit address after a $10 test transaction. This wallet previously held over 60,000 ETH seized from NFT scammer Chase Senecal in October 2022, suggesting potential upcoming fund movements.