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The Salvadoran government's cold wallet address has been increasing its BTC holdings for five consecutive months, now holding a total of 5850 coins

The Salvadoran government's cold wallet address has been increasing its BTC holdings for five consecutive months, now holding a total of 5850 coins

Bitget2024/08/23 03:39

Foresight News reports, according to on-chain analyst Yu Jin's monitoring, the Salvadoran government's cold wallet address has been purchasing 1 BTC every day since March 16 this year. This has continued for over five months now, accumulating an additional 160 BTC worth approximately $10.31 million. Currently, the Salvadoran government holds a total of 5850 BTC valued at about $355.83 million with an average cost of $44,835 per coin and a floating profit of around $93.45 million - an increase of 35%.

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