According to Arkham Intelligence, the U.S. government has once again made notable crypto transactions, moving $8 million worth of Bitcoin (BTC) and $1.77 million in Ethereum (ETH). Most Bitcoin has been transferred to a change wallet, while the Ethereum has been sent to a new address.
This isn’t the first time the U.S. government has shifted large amounts of digital assets. Earlier this month, authorities also moved Avalanche (AVAX) tokens from one of their wallets.
While these recent transactions have been relatively small, past movements have involved significant liquidations. The last publicly confirmed major Bitcoin sale occurred in March 2023, when the government sold $215.5 million worth of BTC seized from Silk Road hacker James Zhong.
However, Arkham’s on-chain analysis suggests that between June 2023 and December 2024, the U.S. may have sold an additional $2.24 billion in Bitcoin linked to Zhong.
In early 2025, the U.S. government reportedly established a strategic Bitcoin reserve to store forfeited cryptocurrencies, alongside a separate stockpile for unspecified altcoins. While details remain scarce, this move signals a shift in how authorities manage seized digital assets.
Adding to speculation, Bloomberg has estimated a 30% chance that the U.S. government could buy Bitcoin in 2025, further fueling discussions about its long-term stance on crypto.
With Bitcoin currently trading at $87,326 (CoinGecko), these movements could have broader implications for the market.
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