List of Flash News about China BTC holdings
Time | Details |
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2025-09-28 17:00 |
China Ranked Second-Largest BTC Holder Despite Crypto Ban: 194,000 BTC Seized Places It Behind U.S. — Trading Implications
According to the source, despite China’s 2021 nationwide ban on crypto trading and mining (source: People’s Bank of China joint notice, Sep 24, 2021; National Development and Reform Commission circular, Sep 24, 2021), Chinese authorities control roughly 194,000 BTC seized from the PlusToken case (source: Jiangsu Yancheng Intermediate People’s Court judgment on PlusToken, 2020), placing China as the No. 2 government holder by publicly attributed wallets, behind the U.S. (source: 21.co Government Bitcoin Holdings dataset, 2024; Arkham Intelligence government-labeled wallets, 2024). For traders, large transfers from government-labeled wallets have coincided with liquidity stress and price drawdowns in prior episodes, including the German government’s BTC disposals in 2024 (source: Kaiko research note on German government BTC sales, 2024) and the U.S. government’s disclosed Silk Road BTC sale in tranches (source: U.S. Department of Justice press release, Mar 31, 2023). Monitoring China- and U.S.-labeled wallet flows on Arkham for unusual outflows is key to assessing near-term BTC volatility, order book depth, and funding rate shifts (source: Arkham Intelligence alerts and dashboards, 2024). |
2025-04-16 06:00 |
China Liquidates Seized Bitcoin Holdings Despite Crypto Ban: Impact on Market
According to Crypto Rover, China is reportedly selling its seized cryptocurrency holdings despite a national ban, holding 194,000 BTC, making it the second largest holder after the U.S. This sale could introduce significant volatility in the Bitcoin market, affecting trading strategies and investor sentiment. |