U.S. Government Now One of World's Biggest Bitcoin Whales After Seizing Over $5.5 Billion Worth Since 2020

The US government has seized over $5.5 billion worth of bitcoin from cybercriminals since 2020.

Its bitcoin holdings make it one of the world's biggest "whales" or largest individual token owners.

The government typically auctions off seized crypto after legal cases wrap up.

Whether the US holds or sells its stash could sway bitcoin's price amid low volatility.

Major sales include 9,861 bitcoin via Coinbase in March and $300k to Bitfinex victims in July.