🇺🇸 The US government has sold off 85% of its Bitcoin holdings before Trump? What is the truth?

📌 According to newly updated data, the official wallet of the US government only holds ~28,988 BTC, worth around $3.47B — which is less than 15% of the total amount of BTC that has ever been seized.

📌 So, has the remaining 85% been sold off?

- The majority of the seized BTC is still in a state of "temporary custody", not yet fully adjudicated by the court.

- In the case of Bitfinex, which seized over 90,000 BTC, the government may have to return most of it to the victims → legal constraints will not allow for it to be sold off.

- Additionally, there are no on-chain signs indicating that the government has secretly sold or transferred to CEX.

💭 Clearly, the rumor that "the US government has sold off 85% of BTC" is a baseless narrative. The majority of BTC is not under absolute ownership, so it cannot be sold. ~29K $BTC is the amount that is truly available for use, so if the US government were to sell, it would only be within that limit.