#以太坊大户持仓变化 U.S. Treasury Secretary Scott Bessent recently signaled an important development: the government is no longer handling seized Bitcoin in the traditional way.



What was the usual approach? Law enforcement agencies would seize crypto assets and then proceed with auctions, eventually selling on exchanges to dump the market. Now, things are different — these BTC are directly incorporated into a "strategic reserve" management.

The implications behind this are worth pondering:

**First, the secondary market loses a regular dumping force.** Seized assets are no longer sold off periodically, meaning the potential selling pressure that once existed has completely disappeared. This is a tangible change for liquidity.

**Second, the government's attitude has shifted from "liquidation" to "long-term holding."** While they won't be aggressively buying on the open market, choosing to hoard rather than sell itself indicates recognition of the asset's long-term value.

**Most importantly, the positioning of this as a "strategic reserve."** This is not just a change of terminology; it's Bitcoin's first formal inclusion into the national asset management system. From "law enforcement gains" to "long-term strategic allocation," the identity is entirely different.

This isn't a direct price boost but a fundamental shift in the cognitive framework. A change in national-level attitude is often more significant than short-term market movements.

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