๐ฐ Government Bitcoin Holdings: $17.8 Billion Worth! ๐ฐ
๐จ Data from Arkham shows several governments are sitting on $17.8 billion in Bitcoin.
๐น United States: $12 billion
Seized from cases like Silk Road in 2013.
Used auctions and OTC sales to liquidate.
Future sales plans are unclear.
๐น United Kingdom: $3.3 billion
Mainly from law enforcement operations.
HMRC has auctioned seized crypto before.
Long-term strategy remains unknown.
๐น Germany: $2.2 billion
Recently announced โฌ1 billion ($1.08 billion) sale.
Using OTC trades to avoid market impact.
Large-scale liquidation watched closely.
๐น El Salvador: $314 million
Bought as part of a national strategy.
First country to adopt Bitcoin as legal tender.
President Bukele announces purchases on social media.
๐ Governments' decisions on holding and selling Bitcoin will impact the market and regulations worldwide.
Stay tuned for more crypto insights! ๐
Disclaimer: This post is for informational purposes only and not financial advice.
