The U.S. government shuffled some serious crypto cash recently. Bitcoin and Ethereum got moved, and folks are buzzing. Arkham caught it Thursday at 17:23 (UTC)—assets tied to Trump’s US Crypto Reserve were involved.
A wallet sent 97.3 BTC—$8.46 million—to two new addresses. This was from the “Sae-Heng Confiscated Funds,” seized with Binance from Wanpadet Sae Heng, who ran a pig butchering scam.
The take? 97.3 BTC, 884.3 ETH, 2.56 million DOGE, and 85 million ADA. In the move, $10 (0.00011516 BTC) landed at “bc1qs0q,” and 97.33 BTC hit “bc1q7qf.”
That day, at 17:43 (UTC), 88.43 ETH ($1.77 million) slid to “0xBf7fb.” Two weeks earlier, 299 AVAX tied to Brain Krewson got shifted too.
$17 Billion Keeps the Reserve Rocking
The U.S. still has 198,012 BTC—$17.04 billion in the bank. BTC is below $87k, but they’re not sweating. Plans are in motion to bulk it up, budget-neutral style.
The Bitcoin Act’s aiming for 1 million BTC in five years. Senator Moreno’s all in for August approval, but it’s a tough sell to some.
U.S. Reigns as Crypto Champ
The U.S. is the king of government Bitcoin piles. China’s next, then Bhutan and El Salvador with 8,971 BTC and 6,129 BTC.
Everyone’s wondering what’s coming down the pike.
