Recently, rumors about the US government potentially selling Bitcoin have been buzzing, and finally an official explanation has been provided. Patrick Witt, Executive Director of the White House Digital Asset Advisory Council, responded publicly last weekend that the US Department of Justice has confirmed that the Bitcoins seized from privacy wallet developer Samourai Wallet have not been sold, nor will they be sold in the future.



What will happen to these assets specifically? According to Executive Order No. 14233, these Bitcoins will directly enter the US government's balance sheet and officially become part of the "National Strategic Bitcoin Reserve." In other words, this indicates a long-term holding attitude.

Why the sudden clarification? It actually stems from a recent on-chain anomaly. In early January, blockchain analysts observed approximately 57.55 Bitcoins transferred from a government-controlled address to a Coinbase Prime deposit address. This transaction once caused market tension, with many speculating whether the government was planning a large-scale sell-off. At that time, the address balance was zero, and market panic could not be contained. However, based on this official clarification, that transfer was likely just a routine asset reorganization or custody operation, not an indication of an actual sell-off.
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BrokenYieldvip
· 4h ago
lmao so gov moving coins to coinbase and everyone loses their minds... classic. they literally just said "chill we're hodling" and suddenly market stops bleeding. that's literally how leverage ratios get destroyed—one black swan, panic sells everything. smart money already knew this was just custodial shuffling tbh
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ShibaSunglassesvip
· 4h ago
Damn, it's another false alarm. The government's move this time is really sneaky, causing the entire market to be on edge.
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0xTherapistvip
· 4h ago
Ha, just a false alarm again. I thought the market was going to crash.
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MiningDisasterSurvivorvip
· 4h ago
Here we go again? I've been through this before. Back in 2018, the government took much more aggressive actions, yet they still ended up cutting the leeks. Moving 57.55 coins to Coinbase and then clarifying that they won't sell—this kind of talk is just fooling newcomers.
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AlphaBrainvip
· 4h ago
You're just scaring people again. I already said the government wouldn't be that stupid to sell.
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FloorPriceWatchervip
· 4h ago
Ha, another false alarm. The government's move was just to accumulate coins for long-term holding. The transfer of 57 Bitcoins caused panic, but it was just a custodial operation. Never mind, no sell-off is good news. Keep optimistic.
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MetaverseHermitvip
· 4h ago
Haha, it's the same old story. The government says they won't sell, and they really won't? Just listen and don't take it too seriously.
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