Is the U.S. Government Quietly Selling Bitcoin?

Blockchain analytics from Arkham Intelligence reveal that the U.S. government has transferred $8 million in Bitcoin, with most of it redirected to a change wallet.

Meanwhile, Bitcoin’s value currently hovers around $87,000, according to data from CoinMarketCap.

Ethereum transactions were also recorded, with $1.77 million worth of ETH moving to a new address linked to government holdings. Additionally, earlier this month, officials shifted a portion of their Avalanche (AVAX) tokens to another destination.

Historical records show that the last publicly confirmed Bitcoin sale by the U.S. government occurred in March 2023, when $215.5 million worth of seized Silk Road funds tied to hacker James Zhong were offloaded.

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However, Arkham’s analysis suggests that between June 2023 and December 2024, the government likely liquidated another $2.24 billion in Bitcoin linked to Zhong’s case.

This year, U.S. authorities established a dedicated Bitcoin reserve to store confiscated digital assets, alongside a separate stash for other cryptocurrencies. Looking ahead, Bloomberg analysts estimate a 30% chance that the government could actively purchase Bitcoin in 2025.

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Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.