$BTC Trump publicly holds $BTC, igniting the whale effect! On-chain data dissects how the 'political treasury' rewrites market rules

Core shockwave of the treasury

1️⃣ Address verification: Trump's campaign team publicly disclosed the wallet starting with 0x8f3 (on-chain balance of 2,874 BTC), sourced from NFT sales + corporate donations

2️⃣ Policy endorsement nuclear bomb:

- Promises that upon election, 'to pardon the Silk Road seized BTC and convert it into national treasury reserves'

- Promotes tax exemption for U.S. companies' BTC balance sheets

3️⃣ Institutional following trend:

- Texas pension fund increases BTC holdings to $2.5 billion

- Boeing announces the purchase of $500 million in BTC to hedge fluctuations in military orders

Deadly regulatory undercurrents

- SEC emergency hearing: questioning politicians holding coins for suspected 'insider trading', fearing mandatory disclosure of buying timing