Did the US government sell 85% of its Bitcoin holdings?

Recent reports indicate that the US government retains only a fraction of its claimed BTC. Much of what federal agencies hold may be returned to their original owners, highlighting discrepancies in total assessments and actual holdings.

Concerns about a large liquidation of BTC by the Biden administration have been dispelled, as no significant sell-off has occurred according to on-chain data. This contrasts sharply with previously estimated values of government Bitcoin holdings.

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