The US government holds over 200,000 BTC, making it a major Bitcoin holder on a global scale.
Recently, the US government confiscated a significant Bitcoin wallet containing 94,643 BTC, valued at $2.46 billion.
This wallet is associated with the 2016 Bitfinex hack, during which roughly 120,000 BTC were stolen.
The US government's substantial BTC holdings could impact Bitcoin's price if they were to liquidate them.
Notably, some US presidential candidates like Donald Trump and Ron DeSantis openly express their support for cryptocurrency.
The US government's Bitcoin holdings are spread across various wallets, contributing to its significant position in the crypto space.
In a recent development shared by PeckShield, it appears that a colossal Bitcoin wallet, currently ranked as the fifth largest globally, may have fallen under the jurisdiction of the United States government.
This mammoth wallet holds an astonishing 94,643 Bitcoins, which translates to an eye-popping value of approximately $2.46 billion.
PeckShield's disclosure further points out that this newly acquired wallet address has direct ties to the notorious 2016 BitFinex hack.
Catch the whole article here: https://voiceofcrypto.online/news/bitcoin-wallet-of-us-govt/
