Quote from: promise444c5 on July 18, 2025, 05:13:38 PM

Quote from: OutOfMemory on July 17, 2025, 05:56:59 PM

Quote from: promise444c5 on July 17, 2025, 02:46:07 PM

Quote from: OutOfMemory on July 17, 2025, 06:28:32 AM

Quote from: OgNasty on July 17, 2025, 04:15:42 AM

I can’t say that I like this development, but if the United States is indeed sitting on way less Bitcoin than we thought, isn’t that somewhat bullish? The President has been saying over and over again in speeches that he wants the United States to lead. Right now we definitely aren’t leading China. Only one thing to do…

Sauces?
Because there are rumors that China sold off most cornz from 2020 on.

Found a sauce :
https://www.theblock.co/post/363034/

Yeah, but...
I actually asked about China's stash Roll Eyes

Didn't get any source for China other than they've been secretly selling jaut as you've mentioned, they don't announce like US either https://www.theblock.co/post/350955
At the end, we just have to assume they do truly have the 190kBtc and for US to beat that they will be needing atleast 170k+ btc , doesn’t matter if their rivals already sold yet, if they did trully did sold then China on the other hand,needs 190k+ to catchup ( just that it might not bee annouced once again ). Another speculation could be that they have more than that figure ....

Yeah, China doesn't like to play with open cards. Which has its disadvantages, not only for China's opponents, though.
If i only could find those old sources that shed a light on the China sells, but i failed until now.

EDIT: Still, there are articles covering the China selloff (2019, by the way).

Quote

According to CryptoQuant CEO Ki Young Ju, blockchain data shows that the seized Bitcoins were moved through coin mixers, a process typically used to obscure transaction trails, and subsequently deposited into centralized exchanges, including Huobi, in the latter half of 2019.

This movement suggests that the assets were liquidated soon after the seizure, in mid-2019, rather than retained by the state as part of any long-term reserve strategy. Although China is often listed among the top countries holding Bitcoin, the available data indicates that these holdings may no longer exist in government-controlled wallets.

The PlusToken case illustrates a broader challenge in estimating national Bitcoin reserves where seizure does not always equate to strategic accumulation. Without public reporting or wallet transparency, assumptions about government-held crypto remain speculative, especially in jurisdictions with limited financial disclosure.

https://www.ccn.com/education/crypto/us-vs-china-who-holds-more-bitcoin-and-why-it-matters/