𝐒𝐇𝐈𝐁𝐀 𝐈𝐍𝐔 𝐀𝐌𝐎𝐍𝐆 𝐓𝐎𝐏 𝐂𝐑𝐘𝐏𝐓𝐎 𝐀𝐒𝐒𝐄𝐓𝐒 𝐈𝐍 𝐔𝐒 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓'𝐒 𝐃𝐈𝐆𝐈𝐓𝐀𝐋 𝐖𝐀𝐋𝐋𝐄𝐓
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US government holds 54.897 billion SHIB tokens, worth approx $729,581.
SHIB ranks as a major asset in US govt's $12.43 billion crypto wallet.
US as a crypto 'whale' could impact market dynamics with SHIB sales.
According to Arkham Intelligence, the US government now has roughly 54.897 billion Shiba Inu (SHIB) tokens. These tokens, confiscated via various law enforcement proceedings instead of being acquired, are now part of a digital asset portfolio that includes Bitcoin and other cryptocurrencies.
The value of these SHIB holdings is estimated at around $729,581, based on the current market price of $0.00001329 per token. This revelation places SHIB as one of the substantial holdings within the government's crypto wallet, although it ranks lower in value than other assets like Bitcoin.