Recently, based on data from Lookonchain, Jinse Finance found that the US government has taken three actions this year to transfer a total of 15,940 bitcoins to the Coinbase Prime platform. The total value of these batches of bitcoins is approximately $966.4 million. This series of transactions has attracted market attention, especially as the price of bitcoin fell by about 5% within three days after the first two transfers, indicating that large-scale inflows or outflows of capital may have a significant impact on the cryptocurrency market. As the market continues to pay close attention to the regulatory policies for digital currencies and the behavior of institutional investors, similar events will be observed and analyzed more closely.