US Government Makes a Bold Move, Germany Lags Behind

The US government has just transferred around 58 $BTC to a centralized exchange (CEX), worth approximately $3.96 million. This move has drawn significant attention from the cryptocurrency community.

➡ At present, the US government holds a substantial 213,239 BTC, valued at an impressive $14.3 billion.

Most of these Bitcoin reserves come from three major seizures:

◆ November 2020: Seized 69,369 BTC from Silk Road

◆ January 2022: Confiscated 94,643 BTC fi the Bitfinex hacker case