Federal Bitcoin Shift: 97.34 BTC Moved From US Government Holdings

On Thursday, March 27, the U.S. government initiated a transfer of bitcoin ( $BTC) from its digital reserves, specifically from the confiscated Sae-Heng funds.

Arkham Tracks U.S. Government’s $8.46M Bitcoin Move

The governmental body responsible for overseeing these cryptocurrency holdings shifted 97.34 $BTC on Thursday afternoon, corresponding to block height 889,703. Arkham Intelligence, a blockchain analytics firm, promptly detected and reported the transaction on X.

U.S. government $BTC transfer on Thursday afternoon.

“The US Government just moved $8.46M $BTC from Sae-Heng Confiscated Funds,” Arkham noted. Before this activity, the government maintained a total of 198,109 $BTC. Accounting for the latest transfer and assuming the associated addresses remain under federal control, the government’s current holdings (without those wallets) stand at 198,012 $BTC.

The transfer of 97.34 $BTC originated from the Bech32-encoded native Segwit wallet “bc1qeqk,” which dispatched 0.00011516 $BTC — approximately $10 — to “bc1qs0q,” alongside a larger sum of 97.3358 $BTC valued at $8.46 million to the change wallet “bc1q7qf.”

This movement occurred shortly after federal authorities relocated 298.936 AVAX from confiscated assets linked to Brian Krewson two weeks ago. The shift in $BTC comes amid heightened speculation regarding the possibility of a U.S. strategic bitcoin reserve, further fueled by President Trump’s Executive Order on March 6.

The directive outlined plans for a national $BTC reserve sourced from criminal forfeitures, with several from within the Trump administration stating that these holdings would not be sold. With this declaration in place, the government’s bitcoin activity has become a focal point of public scrutiny, with observers closely monitoring every satoshi that exits its controlled wallets.