Arkham Identifies a New Bitcoin Wallet Belonging to the U.S. Government!

Investors are closely monitoring BTC and altcoin portfolios held by major corporations and the U.S. government, as their buying, selling, or movement of assets significantly impact Bitcoin’s price.

Arkham has identified a new BTC wallet belonging to the U.S. government. It holds 3,940 BTC, valued at approximately $251 million, which were confiscated from drug dealer Banmeet Singh.

With this newly identified wallet, the U.S. government now holds a total of 216,811 BTC, valued at approximately $13.83 billion.