Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Federal Bitcoin Shift: 97.34 BTC Moved From US Government Holdings

Federal Bitcoin Shift: 97.34 BTC Moved From US Government Holdings

Bitcoin.comBitcoin.com2025/03/27 20:22
By:Bitcoin.com

The governmental body responsible for overseeing these cryptocurrency holdings shifted 97.34 BTC on Thursday afternoon, corresponding to block height 889,703. Arkham Intelligence, a blockchain analytics firm, promptly detected and reported the transaction on X.

Federal Bitcoin Shift: 97.34 BTC Moved From US Government Holdings image 0

U.S. government BTC transfer on Thursday afternoon.

“The US Government just moved $8.46M BTC from Sae-Heng Confiscated Funds,” Arkham noted. Before this activity, the government maintained a total of 198,109 BTC. Accounting for the latest transfer and assuming the associated addresses remain under federal control, the government’s current holdings (without those wallets) stand at 198,012 BTC.

The transfer of 97.34 BTC originated from the Bech32-encoded native Segwit wallet “bc1qeqk,” which dispatched 0.00011516 BTC — approximately $10 — to “bc1qs0q,” alongside a larger sum of 97.3358 BTC valued at $8.46 million to the change wallet “bc1q7qf.”

This movement occurred shortly after federal authorities relocated 298.936 AVAX from confiscated assets linked to Brian Krewson two weeks ago. The shift in BTC comes amid heightened speculation regarding the possibility of a U.S. strategic bitcoin reserve, further fueled by President Trump’s Executive Order on March 6.

The directive outlined plans for a national BTC reserve sourced from criminal forfeitures, with several from within the Trump administration stating that these holdings would not be sold. With this declaration in place, the government’s bitcoin activity has become a focal point of public scrutiny, with observers closely monitoring every satoshi that exits its controlled wallets.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

US stocks, cryptocurrencies erase early gains as tariff negotiation optimism wavers

Investors continue to digest the Trump administration’s mixed messages on tariff policies

Blockworks2025/04/08 22:44

Fartcoin Surges in Value While Market Faces Setbacks

In Brief Fartcoin has increased by nearly 30% in the last 24 hours. Growing confidence among users as exchange reserves decline. Technical indicators predict a potential price target of $0.75.

Cointurk2025/04/08 22:11
Fartcoin Surges in Value While Market Faces Setbacks