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@coinsauce

According to Arkham Intelligence, the US government holds around 29.5 billion dollars in crypto assets, mainly seized Bitcoin and other tokens. These holdings are stored across multiple government controlled wallets. At current prices, these wallets are sitting on an unrealized loss of about 11.8 billion dollars from Bitcoin’s all time high. The decline is due to market volatility, not asset sales or security breaches. The market will be watching whether the US government maintains its long term holding strategy or signals changes in how seized crypto assets are managed, especially during periods of high volatility. Follow @Coinsauce for more smart crypto news.
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