2026-01-05 20:23:21

$BTC $ETH $FIL

Recently, I came across a piece of information that was truly shocking. The US government’s holdings in crypto assets have exceeded $30 billion, overwhelmingly concentrated in Bitcoin — this number is quite staggering.

**The specific holdings are as follows:**

In Bitcoin, the US government holds 328,372 coins, worth approximately $29.6 billion, accounting for over 97% of its total holdings. In Ethereum, it holds only 62,742 coins, valued at less than $200 million. Other cryptocurrencies are negligible.

What does this imply? By crypto industry standards, the government itself is a top-tier whale. If there’s any movement or fluctuation in this BTC stash, the market impact could be beyond imagination.

**What can be inferred from this holding structure?**

The government isn’t simply "bullish" on Bitcoin; it is voting with real, state-level positions. Viewing Bitcoin as a strategic asset allocation, with minimal regard for other tokens, clearly indicates a deliberate choice. This isn’t just testing the waters — it’s an endorsement.

**How might the market react?**

The first concern is liquidity. With such a large holding, any action could instantly reverse supply and demand dynamics. A single decision by the holder could have a profound impact on the entire market’s price discovery mechanism.

The second perspective involves policy overlay. The government’s holdings and policy adjustments often interact. When the holder is also the biggest policymaker, this dual role amplifies signals.

The third point is the reshaping of influence. Bitcoin’s position within traditional asset allocation frameworks is rising. As institutional investors, corporations, and governments increase their holdings, the narrative of Bitcoin as "digital gold" becomes increasingly credible.

**Several dimensions worth paying attention to:**

The size of the holdings itself is a market variable. This isn’t a few million dollars in experimental allocations but a large position with far-reaching influence. If market expectations about government intentions shift, it could trigger a chain reaction.

The dual identity of the government as both participant and regulator creates an interesting power dynamic. It must consider maximizing the value of its assets while also shaping industry policies — balancing these roles is inherently noteworthy.

The overall risk appetite and liquidity landscape of the crypto market will also be affected. The appearance or sale of such a massive position could alter market microstructure.

**In summary:**

As the largest counterparty gradually becomes the largest holder, the game rules are indeed being rewritten. This is not only a recognition of Bitcoin itself but also a confirmation of the entire market landscape. Whale movements have never been trivial, especially when that whale represents a nation’s asset strategy.

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zkNoob

· 01-08 19:29

The US government has become the biggest whale in the crypto world, and this is indeed a bit of a dead end. --- Wow, the government's holdings are so exaggerated, they really don’t hold back at all. --- Wait, does this mean the US government actually has a pretty optimistic view of Bitcoin? So what are we retail investors? --- 3.28 million BTC. If they really dump it into the market, it would blow up the market. I can't help but think of the "Crypto Massacre" in 2021. --- The government is both a player and a referee. This game’s rules are a bit unfair. --- No wonder BTC is increasingly seen as "digital gold" by institutions. Turns out they’ve already started buying. --- I’m just worried that if policies change one day, this $30 billion holding could become the market’s biggest bomb. --- Speaking of which, if the government dares to build up a position in BTC, doesn’t that mean official approval? --- Liquidity is the real issue. Such a large volume moving would completely overwhelm the market. --- It feels like the crypto world will never return to the "niche geek" era; national-level capital has already entered the scene.

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SmartContractRebel

· 01-07 12:51

Something's not right. Why does the government hold so much BTC? Are they planning to dump it all on the market and cause a crash? Wait, 97% is all in Bitcoin? Ethereum has been completely neglected. This is why people say BTC is the king—even the government is implicitly endorsing it. Really? It feels like a new power game is about to begin. The government acts as the big player; how are retail investors supposed to play? The rules of the game have changed. I just want to know when the government will start selling. How many people won't be able to hold up when that happens? Actually, this might be a good thing. With national-level backing, what more do you need? 3.3 million BTC compared to the market—power of speech just skyrocketed. Wait, does this mean BTC will become an official reserve asset? Crazy, the government is getting into crypto. What's the next move? I'm a bit panicked now; a single move by a whale could bankrupt us all.

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OptionWhisperer

· 01-05 20:53

Damn, has the government become the biggest whale? Then what are we retail investors even playing for? Wait, this data needs to be verified, it feels a bit suspicious. The government's holdings... playing dual roles is really ruthless, both as a player and a referee. I’ve been saying that BTC is the future, ETH has been directly pushed to the trash heap. Jokes aside, if the government really starts selling off, the market will definitely explode. I just want to know whether these holdings are forced or genuinely optimistic. A national-level position of 996 billion USD, any decision could crash the entire market. This is the real whale, brother. Our small positions are nothing in comparison. I'm a bit skeptical—are there really that many BTC in the government's hands? Anyway, right now, as soon as the government moves, the whole market trembles. This has really boosted BTC’s credibility to the max. When the government starts selling off one day, I think we all will go crazy. The policy tilt indicates that the trend is clear.

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0xSunnyDay

· 01-05 20:49

Damn, the government has become a whale. BTC is really taking off now. Wait, with such a massive national-level holding, could they dump the market someday? I just want to know when this 29.6 billion will move. The market will go crazy then. Oh no, ETH has been completely ignored, only 200 million. The government is already buying BTC, what are you hesitating for? Honestly, this is the official telling you that BTC is valuable. Don't mess around. Imagine what would happen if they sold... feeling a bit anxious. This is the biggest positive news—national-level recognition. So, is it still a good time to enter now?

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MissedAirdropAgain

· 01-05 20:48

Wait a moment, if the government is holding so much BTC, if they decide to sell it one day, won't we have to run away? The fact that the government has become a whale is really interesting; it feels like the game rules are truly changing. The status of Bitcoin has indeed changed; this recognition is highly significant. Three hundred billion, this is not a small number; every move can trigger an earthquake. The government is both a player and a referee, a dual role that’s quite impressive. I'm just worried that if policies change one day, asset allocations will shift accordingly, and that will be chaotic. Bitcoin has now been officially recognized; it feels like the crypto world is about to change. This is equivalent to saying BTC has been incorporated into national strategy; other coins are really being left behind. If liquidity issues arise, retail investors need to be extra careful. Satoshi Nakamoto probably never imagined that one day the government would hold BTC like this.

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GasFeeNightmare

· 01-05 20:47

Damn, the US government’s move has directly turned itself into the biggest cash crop harvester in the crypto world. Hilarious. Wait, does this mean we retail investors have to oppose the government? No, that doesn’t seem right. It feels more like an endorsement for BTC. Should I get on board? A whale with 29.6 billion USD just did a tail whip, the entire market will shake for three days. How are we supposed to play this, brothers? Bet they won’t rug pull, but this mindset is really collapsing. Oh my God, the government is both a player and a referee. This dual role is really a bit outrageous. Honestly, BTC is now just the government’s ATM. We’re just here to pick up some leftovers. When will this 29.6 billion USD be sold? That’s the real show. The price will probably drop below the floor then. But on the other hand, since the government has started allocating, there’s really no problem with this thing changing from a “scam” to “digital gold.” Holding 3.28 million BTC, truly invincible. Feels like watching a game of power, and the crypto world is just a chessboard.

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LowCapGemHunter

· 01-05 20:43

Ha, I really didn't expect the US government to become a giant whale to this extent, with 97% concentrated in BTC... This is truly going all in. Wait, the government is both a holder and a regulator. If this dual role is truly exercised, won't the market explode? A BTC position of $29.6 billion—any small movement could shake the entire market. This is the real power game. It seems the ultimate winners are those who have been holding coins early on. The government's move is like lifting the sedan chair for retail investors...

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