After four months, the BTC held by the US government has been transferred out again, especially in today's market sentiment, which is fueling the fire. After all, facing huge tariff refunds and Iran war expenses, people are worried about whether Bitcoin will really be sold under such financial pressure. However, at present, the probability of the US government selling Bitcoin is still very low. Firstly, the transfer out operation does not indicate anything, as shown in the figure, there were almost monthly transfers before. Secondly, many years ago, the US government did sell Bitcoin, but all of them were announced in advance and went through the judicial auction process and OTC. Finally, in the National Strategic Bitcoin Reserve Act signed last year, it was explicitly prohibited for the government to sell the Bitcoin deposited in the reserve within 20 years, which has already been legislated and must be enforced. However, there is an exception. Currently, not all of the Bitcoin held by the US government has been transferred to the strategic reserve because some of the seized Bitcoin has not gone through the judicial process and does not legally belong to the US government until the court makes a clear ruling on confiscation. Therefore, it needs to be temporarily held in custody. According to the court's ruling, if it is confiscated, it will be transferred to the strategic reserve for 20 years or returned to the victim. So according to the law, most of the strategic reserve Bitcoin held by the US government cannot be sold within 20 years, and a small portion of temporarily held Bitcoin will not be sold directly, at most it will only be returned to the victims. Don't panic, don't panic