2026-01-05 03:30:10

According to intelligence agency tracking, Venezuela's accumulated shadow reserves of Bitcoin and USDT are astonishing—possibly exceeding $60 billion.

How is this achieved? Two strategies. First, exchanging gold for crypto, converting about $2 billion worth of gold into 400,000 BTC (at an average price of $5,000 per BTC at the time). Second, settling oil trade transactions with USDT; from 2023 to 2025 alone, crude oil trading has exchanged for $10-15 billion worth of crypto assets. Why stop using USDT? Rumor has it that USDT has freezing capabilities, making it too risky, so they completely switched to BTC.

How much do they have now? Estimated 600,000 to 660,000 BTC, worth $56-67 billion at current prices. What does this scale mean? It’s the fourth-largest BTC holder globally, only behind Satoshi Nakamoto, BlackRock, and MicroStrategy, surpassing the US government’s 325,000 BTC.

What if these assets are frozen or confiscated? They might be transferred to the US Treasury for custody, entering a long-term lock-up. If that happens, the market’s available liquidity would decrease significantly. $BTC

BTC0,35%

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MetaverseLandlord

· 01-07 13:35

Wow, Venezuela's move is really clever—exchanging gold for BTC, oil for USDT, then swapping for BTC... playing it so smoothly. If they really get frozen, the market will shake, and liquidity will instantly shrink. Satoshi Nakamoto, BlackRock, and MicroStrategy—these big whales, us retail investors should just watch. The risk of USDT being frozen is quite real... as the world's fourth-largest holder, it feels a bit uncertain. If it really gets into the US Treasury... let's just sit back and watch the show.

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RadioShackKnight

· 01-06 06:05

Wow, Venezuela's approach is amazing. The move to exchange gold for BTC is truly textbook level. If it really gets frozen, the market will shake... With liquidity being cut off like this, anyone holding coins will have to think twice.

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LayerHopper

· 01-05 03:55

Damn, Venezuela's move is really slick, swapping oil for USDT and then for BTC, playing it so smoothly... Wait, what if they actually confiscate these 660,000 coins, that’s going to be a nightmare just thinking about it... The gold-to-BTC move, bought at $5,000 back then, now with this multiplier, a huge profit, brother... If the US really dares to act, BTC liquidity will directly evaporate a chunk, this market will go crazy... But on the other hand, why does it have to be frozen? Seems not that absolute...

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GasOptimizer

· 01-05 03:52

600,000-660,000 tokens? Can it be verified on-chain? This number seems a bit uncertain; I need to see the wallet address to believe it.

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WhaleWatcher

· 01-05 03:51

660,000 coins? Wow, Venezuela's approach is quite ruthless, using gold + oil to directly build a BTC fortress, truly pressing national fortune onto the coin. As expected, Satoshi's ghost account is just a facade; now the decision-makers are all these institutions and state-level players.

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DegenApeSurfer

· 01-05 03:38

Wow, Venezuela's move is really clever. Swapping gold for BTC can still create such a large scale.

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VitalikFanboy42

· 01-05 03:30

Wait, does Venezuela really have so much BTC? If it gets truly frozen, BTC's price will skyrocket. --- Trading gold for BTC is a good move. I wish I had learned that earlier. --- The fact that USDT has a freeze function is really incredible. No wonder everyone is rushing to BTC. --- The fourth largest holder? Damn, is this data real? --- If it really gets confiscated, liquidity will directly shrink. What impact will that have on the market? --- When gold was cashed out for 400,000 BTC, the price was only 5,000 yuan. Now one is… Sigh. --- The US government has just over 320,000 BTC, but Venezuela has 660,000? This is getting more and more interesting. --- Trading oil for USDT and then for BTC—these moves over the past three years are really slick. --- But the USDT freeze feature is a real hidden danger. Better to hold BTC than to worry. --- If it gets frozen, how big will the market gap be? It seems like the value will need to be recalculated.

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