The U.S. government has transferred 86.56 Ethereum (ETH), worth approximately $219,000, to Coinbase Prime, raising speculation about a potential sell-off. The transfer, executed on July 7, 2025, originated from a wallet labeled 'US Government: FBI,' which still holds over 100,000 ETH seized from NFT scammer Chase Senecal in 2022. This move follows a $10 test transfer, often indicative of larger transactions to come. While there is no official confirmation of an impending sale, the transaction suggests preparations for significant activity. This development occurs amid ongoing U.S. efforts to regulate cryptocurrencies and establish a strategic reserve. Ethereum is currently trading at $2,534, down 0.5% in the last 24 hours, with the $2,500 level being a critical support zone.