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[Shocking] How much BTC the US Gov’t owns
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Dear Reader,
The U.S. government holds an estimated 194,188 BTC.
Worth more than $7.7 billion.
Three seizures from criminal cases added up to this huge amount.
Ever wonder what happens to this seized boatload of Bitcoin?
Well… they eventually put their stash up for sale.
Usually, up for auction but also for sale on exchanges.
According to our reports…
The three Bitcoin hauls and sales mentioned above by the U.S. government are:
94,643 BTC seized in January 2022 from the 2016 Bitfinex hack.
69,369 BTC seized in November 2020 from the Silk Road.
51,326 BTC seized from Silk Road hacker James Zhong.
Insiders who know how to access these auctions often get to buy BTC at a big discount… and… put themselves in great position as mass adoption drives prices up.
In a similar manner…
Institutional traders have used AI to uncover events known to drive up crypto prices. Then they position themselves for the win.
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