🔥 HOT NEWS: THE U.S. GOVERNMENT IS HOLDING $17.8 BILLION IN DIGITAL CURRENCY – A BIG SIGNAL FOR THE MARKET?
The latest on-chain data shows that the U.S. government is currently holding $17.81 billion in crypto, including assets seized from several major cases such as the Bitfinex hack, Uanium Finance exploit, and other confiscations.
Noteworthy points:
– This figure is equivalent to the assets of a large crypto fund.
– The U.S. government does not sell in bulk; rather, it often holds for a long time before auctioning.
– The “not selling immediately” contributes to reducing supply pressure on the market.
💡 With overall market liquidity improving and expectations for the Fed to cut interest rates in December rising sharply, the U.S. holding a large amount of crypto further reinforces the belief that digital assets are increasingly becoming a part of the traditional financial system.
This contributes to a positive sentiment for investors, especially in the context of global M2 money supply reversing and Bitcoin closely following liquidity trends.
The market is in a sensitive phase — and on-chain data is supporting a new acceleration cycle. 🚀
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