he U.S. government moved more than $100 million in crypto, and the market began to get nervous
833.6 $BTC , worth approximately $71.6 million, were transferred to platform
and 40,285 $BNB , worth about $31. 6 million were moved to other addresses
The total is over $103 million
Immediately afterward, a massive wave of liquidations hit the market
$409 million worth of long positions were liquidated within 4 hours
And this is where the story begins that has traders frantically monitoring these wallets
Is the U.S. government actually selling?
We have no confirmation of that
But imagine the size of what’s still out there
The wallets linked to the U.S. government still hold approximately $28 billion in digital assets, including about 324, 000 BTC
This means that the $103M that moved today is only a tiny fraction of a massive mountain
But for the market
simply seeing government-held BTC heading to an institutional platform is enough to spark fear
Because if those 324,000 BTC start moving in larger quantities
it the story could be completely different
833.6 $BTC , worth approximately $71.6 million, were transferred to platform
and 40,285 $BNB , worth about $31. 6 million were moved to other addresses
The total is over $103 million
Immediately afterward, a massive wave of liquidations hit the market
$409 million worth of long positions were liquidated within 4 hours
And this is where the story begins that has traders frantically monitoring these wallets
Is the U.S. government actually selling?
We have no confirmation of that
But imagine the size of what’s still out there
The wallets linked to the U.S. government still hold approximately $28 billion in digital assets, including about 324, 000 BTC
This means that the $103M that moved today is only a tiny fraction of a massive mountain
But for the market
simply seeing government-held BTC heading to an institutional platform is enough to spark fear
Because if those 324,000 BTC start moving in larger quantities
it the story could be completely different
