The US government has received a recent transfer of $332,000 worth of Ethereum (ETH) from Coinbase. The wallets now hold a total of 65,232 ETH, valued at approximately $281 million. This transfer comes as part of a broader initiative by the US government to expand its strategic cryptocurrency reserve. The exact purpose and source of the funds remain unclear, but speculation points toward seized assets from Coinbase that will eventually be incorporated into the national crypto reserve. The influx of ETH follows the recent establishment of the US Strategic Crypto Reserve, announced early this year under President Trump’s administration, with plans for future accumulation of promising cryptocurrency assets.