US Government and Bitcoin
The United States Government has recently initiated a massive Bitcoin transfer, valued at approximately $1.92 billion. According to data from Arkham Intelligence, the funds were sent to two distinct Bitcoin wallets. The transfer has sparked intense speculation within the community as to the government’s true intentions behind this move.
Two Distinct Wallets
The $1.92 billion transfer was split into two distinct Bitcoin wallets. Per the Arkham Intelligence data, the government moved a total of $969 million worth of BTC to address “33Tgpo…y3BShW”. The second transfer of $949 million worth of BTC was sent to “bc1qxkh…g6wc7p6”.
The $1.92B has been split into two wallets.
$969M BTC: 33TgpoSWfcUYJLt1jUyDR1hy64jcy3BShW
$949M BTC: bc1qxkhwkn623l5lg4rx9vx8cujmleaga0eg6wc7p6 pic.twitter.com/fyRyIYAu8M— Arkham (@arkham) December 2, 2024
Last Bitcoin Transfer
The US government last transferred its Bitcoin holdings in July. Data platforms pegged the transferred funds at the time at over $2 billion. These latest transfers come at a time when conversations around a strategic BTC reserve are growing.
Conclusion
The US government’s recent Bitcoin transfer has sent shockwaves throughout the cryptocurrency community. As the true intentions behind this move remain unclear, experts are left to speculate and analyze the potential implications.
FAQs
Q: What is the total value of the US government’s Bitcoin transfer?
A: The transfer is valued at approximately $1.92 billion.
Q: How is the transfer split?
A: The transfer is split into two distinct Bitcoin wallets, with $969 million going to address “33Tgpo…y3BShW” and $949 million going to address “bc1qxkh…g6wc7p6”.
Q: Has the US government transferred Bitcoin before?
A: Yes, the US government last transferred its Bitcoin holdings in July, with a value of over $2 billion.
