U.S. Government Transfers $74.6M in Bitcoin After Weeks of Dormancy – Should Traders Prepare for a BTC Dump?

The United States government’s Bitcoin address has transferred 667.624 BTC , valued at approximately $74.65 million , to a new wallet address (bc1q5…) after several weeks of ￰0￱ to blockchain intelligence firm Arkham, despite this unexpected move, the intent of which remains unclear, the ￰1￱ still holds 197,354 BTC worth around $21.95 billion , alongside a total crypto portfolio valued at $22.78 ￰2￱ to data from Arkham, The ￰3￱ address transferred 667.624 Bitcoin (worth $74.65 million) to a new address (bc1q5l4uhuqxw7s86tjqxaf0t7zf02d5hyv8zv9tmq) 30 minutes ago, and no further movement has occurred ￰4￱ ￰5￱ still holds 197.354K BTC,… ￰6￱ — Wu Blockchain (@WuBlockchain) October 14, 2025 ￰7￱ Bitcoin Transfer Panic Flash 3% Drop In Price Speculation has grown that the transfer could suggest a potential ￰8￱ resulting market anxiety, compounded by broader macroeconomic concerns, has seen Bitcoin fall over 3% in the past 24 hours .

However, historical data suggests restraint on the U. S government’s ￰9￱ to Jameson Lopp , co-founder of Casa, the last instance of ￰10￱ Bitcoin sales occurred in March 2023, when the Biden administration sold 9,861 BTC for $215 million.), Sacks noted that over the past decade, the federal government sold approximately 195,000 BTC for just $366 million . “If the government had held those coins, they would be worth over $17 billion today,” he said, calling it a costly example of the lack of a long-term crypto ￰11￱ the regulatory front, recent developments have moved to strengthen the protection of Bitcoin held under government ￰12￱ recently became the first ￰13￱ to legally safeguard unclaimed cryptocurrencies from being forcibly converted to ￰14￱ Gavin Newsom signed Senate Bill 822 into law , ensuring that Bitcoin, Ethereum, and other digital assets remain in their original form when transferred to state custody under the Unclaimed Property Law (UPL).

Globally, several governments have also engaged in Bitcoin liquidations, often sparking short-term price dips. Germany, for example, was the fourth-largest government Bitcoin holder as of January 2024, with 50,000 BTC (then worth about $2.2 billion) seized from the operators of the Movie2K piracy ￰15￱ July 12, 2024, the Federal Criminal Police Office (BKA) had sold 49,858 BTC for roughly $2.89 billion , at an average price of $57,900 per BTC, a move that temporarily dragged Bitcoin below $60,000. Similarly, the ￰16￱ in July 2025 revealed plans to liquidate over £5 billion ($6.5 billion) worth of seized Bitcoin under the “crypto storage and realisation framework,” amid fiscal pressure to narrow a widening budget gap, according to The Telegraph .

Meanwhile, on-chain data from Arkham Intelligence showed that BlackRock and Binance moved over $1.2 billion in Bitcoin within the past 24 ￰17￱ Hayes: “More Dollars Means Bitcoin Number Goes Up” Analysts believe that some of these transactions contributed to BTC filling the CME gap around the $110K level, following a liquidation flush on October 10.) October 13, 2025 Meanwhile, Kevin Lee, Chief Business Officer at Gate. io, expects short-term downward pressure as geopolitical tensions and tariff uncertainty weigh on sentiment. However, he views the Fed’s expected rate cut on Oct. 28–29 as a potential turning point that could ease market conditions.