US Government Boosts Ethereum Reserves as Crypto Holdings Hit $23.4 Billion

U.S. government boosts Ethereum reserves to $281M as crypto holdings surge to $23.4B through seized digital assets.

Fridah Kangai
August 22, 2025
3:15 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

U.S. government expands Ethereum reserves as crypto portfolio value grows.
Ethereum holdings hit $281 million within $23.4 billion stockpile.
Seized digital assets strengthen government’s presence in global crypto reserves.

The US government has once again expanded its Ethereum reserves. According to Lookonchain, Coinbase transferred $332,000 worth of ETH to official wallets.

This transfer raised the government’s total Ethereum holdings to $281 million. Arkham Intelligence confirmed that the overall crypto portfolio has reached $23.4 billion.

Bitcoin continues to fill the most significant portion of the portfolio with a value of 22.5 billion. Other tokens are Ethereum, USDT, BNB, and USDC.

These were not assets procured as an investment. They were not gathered in the form of taxes paid by cryptocurrency users but were confiscated during operations targeting illegal actions with cryptocurrency.

The U.S. Government wallets received 76.56 $ETH($332K) from #Coinbase 4 hours ago and currently hold 65,232 $ETH($281M).https://t.co/C2ftU2amGk pic.twitter.com/qS133pNVG3
— Lookonchain (@lookonchain) August 21, 2025

Over the years, these enforcement-based purchases have given rise to one of the biggest crypto hoards held by a single entity in the world.

Also Read: Ethereum Correction Sparks Bullish Setup as Analysts Eye Breakout Toward $7,000

Ethereum’s Market Role in Expanding Reserves

Ethereum is becoming even stronger in the government portfolio. The latest market prices indicate that ETH is trading at $4,284 and is in the red at 1.17 percent.

However, even after the decline, the Ethereum price is now above the 50-day exponential moving average (EMA) of 4,140. This is a signal of market structure and resilience in performance.

Ethereum has a Relative Strength Index of 56.9, indicating a balanced momentum that is neither overbought nor oversold.

Ethereum is also on an upward trend, as indicated by recent gains. In the last 24 hours, Hs has grown by over three percent and 17 percent in a month.

Consolidated Assets Signal Stronger Digital Stockpile

The US government’s crypto expansion is part of its efforts to enforce digital asset laws. The increasing values of these reserves have increased their importance.

Ethereum’s share of $281 million adds strength to the stockpile alongside Bitcoin. Collectively, they make up one of the most significant crypto reserves in the world.

The recent movement of the Coinbase wallet shows a further increase in Ethereum storage. As the market gains power, ETH will become well-established in government holdings.

Currently, the US government commands $23.4 billion in seized digital assets. Ethereum’s increasing price and reserves show why this currency is significant in this accumulating reserve.

Also Read: SEC Chair Paul Atkins Signals Softer Stance on Crypto Oversight