Inventory of BTC holdings and sales by governments around the world
German Government - 45,000
Previously, it held 50,000 BTC, and as of press time, it had sold about 4,736 BTC in batches in June, and now has 45,000 BTC. On June 25, it transferred 200 BTC to Coinbase and Kraken respectively; on June 26, it transferred another 700 BTC to Coinbase, Kraken and Bitstamp, but on June 27, it transferred 145 BTC back to the on-chain address.
U.S. Government - 210,000
Compared with other countries, the US government holds the largest number of Bitcoins and handles them relatively carefully. Between November 2020 and 2022, US authorities seized a total of more than 210,000 Bitcoins in three separate operations, which were related to the dark web market Silk Road, Silk Road hacker Jimmy Zhong, and the hacker of the crypto exchange Bitfinex. Related reading: "Bitcoin Dark Web Shocking Thief: Uncovering the Double Life of Jimmy Zhong".
The U.S. government has a long history of selling Bitcoin. However, the U.S. government has not sold Bitcoin since July 2023 to March 2024. On-chain records show that the most recent sale was 4,000 BTC sent to Coinbase Prime by a U.S. government address on June 27. The U.S. government still holds 213,546 BTC.
UK Government – 61,000
The Bitcoin held by the British government mainly comes from the famous "Blue Sky Grey" case. According to data, the British government holds about 61,000 BTC and has not yet transferred it out.
Chinese Government - 194,000
The Chinese government's BTC holdings originated from the famous PlusToken pyramid scheme in 2020, when the amount of Bitcoin seized was approximately 194,000. However, no on-chain address markers were found, so it is difficult for us to confirm whether there are any sales records.
Mt.Gox — 140,000
In addition to the above-mentioned government holdings of coins being a major hidden danger in the market, the Mt.Gox exchange, which went bankrupt ten years ago, also made it clear that it would start repaying BTC and BCH. According to data disclosed by Mt.Gox, its address holds a total of 141,685 BTC, which will be used for compensation and repayment.
Other institutions hold
Once government agencies continue to sell off, it will lead to large-scale selling by miners, and the price of Bitcoin will most likely fall back to around US$50,000!
#BTC走勢分析 #门头沟事件 #Mt.Gox将启动偿还计划
