The U.S. government has sold at least 195,000 BTC since 2014, making a profit of over $366 million
According to Lookonchain monitoring, the U.S. government-related wallet address sent 3940 Bitcoins to CEX. Data from Bitcoin Treasuries shows that the U.S. government currently holds 213,546 Bitcoins, valued at over $13 billion based on current market prices. Jameson Lopp, co-founder of Casa, stated that since 2014, the U.S. government has seized and sold at least 195,091 Bitcoins, making a profit of more than $366 million.
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.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
