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Arkham: US government address holding 100,000 ETH deposited $10.00 worth of ETH into Coinbase, possibly for testing

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Jul 7, 2025

On July 8th, Arkham issued an alert stating that the U.S. government deposited $10.00 worth of $ETH into Coinbase, possibly for testing purposes. The wallet address contains 100,000 $ETH and was initially seized from Chase Senecal in October 2022. [BlockBeats]

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