The cryptocurrency community has recently been held by the US government. bitcoin He was shaken by the allegation that he had sold his assets. However, Arkham Intelligence announced that they could not find any data on this subject.
US CPI data came in lower than expected yesterday and Bitcoin price reacted positively to this data. The price soon surpassed the $28,000 level and remained at these levels for several hours. However, there was a decrease of over 5% in the following hours.
However, the comment from a not well-known profile on Twitter was widely discussed by the community. The profile claimed that the US government was transferring BTC. The amount moving in the tweet in question is claimed to be 9800 BTC ($264 million on average).
Although the user claimed to have obtained the data from Arkham, Arkham promptly denied these allegations. According to on-chain data, the Bitcoin assets in question did not show any movement. Commenting on the images and data shared by users, the company claims that this situation is set manually. did.
Custom-labeling Entities on Arkham allows users to receive Alerts and transaction logs for addresses that Arkham may not have officially tagged as part of the entity.
NEWS CONTINUES BELOWThese are the only Bitcoin wallets in our Silk Road Entity, we have not changed these today. pic.twitter.com/1eQNNONrsr
— Arkham (@ArkhamIntel) May 10, 2023
Arkham underlined that it has tagged 7 wallets linked to Silkroad. Silkroad was shut down by the USA in 2013 for various crimes. Billions of dollars in Bitcoin linked to the site were seized by the government.
The US government currently holds approximately $1.9 billion worth of BTC. While the government sold 9861 BTC belonging to James Zhong earlier this year, they are considering selling the remaining assets in four phases by the end of 2023.
You can follow the current price action here.