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