In block #854525, a transaction involving Bitcoin originating from the US government was recorded. A total of 29,800 BTC, currently valued at $2.0 billion, was transferred to a newly created address with no previous transaction history. This makes it difficult to determine whether the transaction was an over-the-counter (OTC) sale or a form of wallet rebalancing. Interestingly, this portion of Bitcoin had also been moved four months ago.
The transaction is surprising given Donald Trump's recent statement at the Bitcoin conference. He declared, "If I am elected, it will be the policy of my administration, the United States of America, to keep 100% of all the Bitcoin the U.S. Government currently holds or acquires into the future." This statement was made just two days ago, yet now the funds are moving again.
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Written by maartunn
