According to the source, the U.S. government holds 316,760 BTC (~$35.9B) based on on-chain attribution, making it one of the largest known Bitcoin holders (source: CryptoQuant). Traders should treat sovereign wallets as potential supply and monitor U.S. government–labeled wallet movements and official sale announcements for timing risk (sources: Arkham Intelligence; U.S. Marshals Service). Historical U.S. government Bitcoin disposals were executed via auctions or court-directed sales rather than direct exchange selling, informing execution risk and liquidity planning (sources: U.S. Marshals Service; U.S. Department of Justice).

According to the source, the U.S. government’s labeled on-chain wallets are heavily weighted toward BTC relative to ETH, as indicated by Arkham Intelligence’s public entity tracking of U.S. Government addresses (source: Arkham Intelligence). U.S. Department of Justice announcements and U.S. Marshals Service records document repeated BTC seizures and subsequent disposals via auctions or transfers, creating identifiable supply events that traders monitor for market impact (source: U.S. Department of Justice; U.S. Marshals Service). For trading, tracking government wallet movements and official seizure or disposal notices helps gauge potential BTC supply overhang risk, while ETH appears less exposed based on materially smaller government-held ETH balances observed on-chain at present (source: Arkham Intelligence; U.S. Department of Justice; U.S. Marshals Service).