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US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyback Talk
Summary: A bombshell Freedom of Information Act (FOIA) revelation today shows the U.S. Marshals Service (USMS) holds just 28,988 Bitcoin (BTC) as of March, valued at roughly $3.44 billion. This figure is a fraction of the estimated $25 billion in crypto held by the U.S. government, sparking immediate speculation of a massive, quiet government sell-off. Independent ...
A bombshell Freedom of Information Act (FOIA) revelation today shows the U.S. Marshals Service (USMS) holds just 28,988 Bitcoin (BTC) as of March, valued at roughly $3.44 billion. This figure is a fraction of the estimated $25 billion in crypto held by the U.S. government, sparking immediate speculation of a massive, quiet government sell-off.
Independent journalist L0la L33tz's discovery has ignited fierce debate. While some argue the low USMS count reflects only "forfeited" assets, with other "seized" Bitcoin still held by various agencies, prominent figures point to an "off-chain" scenario.
Bitcoin Magazine CEO David Bailey suggests the Marshals have been selling BTC via custodians without leaving an on-chain trace, calling it a "major development." This theory supports the idea of hidden market activity.
The news alarms Senator Cynthia Lummis, who labels it a "strategic blunder" against President Trump's "Strategic Bitcoin Reserve" initiative. Bailey even speculates the U.S. may now need to "buy back hundreds of thousands of bitcoins" to replenish the reserve.
This potential shift of the U.S. government from a suspected large-scale seller to a strategic buyer could fundamentally reshape market liquidity and potentially bolster Bitcoin's long-term price foundation. The crypto world is now watching for what could be an "epic" re-accumulation.
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Link: US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyback Talk [Copy]
