According to Milk Road (@MilkRoadDaily), the US currently holds over 200,000 BTC, representing a significant strategic reserve that could influence future cryptocurrency market dynamics. The UK maintains a steady position with 61,000 BTC, while Germany recently liquidated 50,000 BTC at approximately the $60,000 price point. This large-scale German sell-off contributed to increased market volatility and downward pressure on BTC prices, providing short-term trading opportunities but also underscoring the risks of government sales. Traders are closely monitoring sovereign wallet movements for further signals, as these holdings can impact BTC supply and price action. Source: Milk Road Twitter, June 20, 2025.