US Bitcoin Reserves Near 198K BTC, No Evidence of 80% Sell-Off
Recent FOIA response show say US Marshals Service dey hold only 28,988 BTC, wey make people talk say dem don sell 80% of US Bitcoin reserves. But on-chain data from Arkham Intelligence confirm say other federal agencies still dey control around 198,012 BTC (≈$23.5 billion), mean say total US Bitcoin reserves still dey intact. No evidence say government don do big sale. One March executive order by former President Trump talk say make all forfeited digital assets remain for strategic reserve under US Treasury. The broader federal crypto portfolio still include 347 million USDT, 59,951 ETH (≈$202 million), 750 WBTC (≈$89 million) and 40,293 BNB (≈$29 million). Bitcoin dey trade near $118,360, and this clarification help stabilize market sentiment about US Bitcoin reserves.
Neutral
Dis clarification dey remove fear of beta government Bitcoin sell-off, e reduce downside wahala for price and e stop panic wey fit make price fall. For short term, traders go get confidence as dem clear rumors, e make Bitcoin market stable. For long term, Trump era executive order on strategic reserves dey show say government still dey hold steady, e give solid support but no immediate price up move. Overall, impact na neutral, cos news remove bad wahala but e no bring new buyers excitement.