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).

According to Eleanor Terrett on Twitter, Senator Lummis stated at The Bitcoin Conference that she believes the US government currently holds around 200,000 Bitcoins. However, she clarified that the exact figure is uncertain due to the information being classified after a mandated White House audit (source: @EleanorTerrett, May 27, 2025). For crypto traders, confirmation that the US government holds such a significant Bitcoin reserve could impact market supply, institutional sentiment, and future liquidation risks. The classified status adds uncertainty regarding potential government moves, which remains a key risk factor for Bitcoin price volatility.