Questions about federal cryptocurrency reserves resurfaced after public comments from market participants. Scott Melker said officials have not disclosed the exact holdings of Bitcoin, Ethereum, or XRP. On-chain trackers show large balances, yet no record confirms any government-owned XRP.
Scott Melker, known as The Wolf Of All Streets, addressed the issue during a recent podcast. He said the public lacks verified data on federal digital asset reserves. He stated, “We don’t even know how much XRP the United States government holds.” He added that no formal audit lists balances across Bitcoin, Ethereum, Cardano, or Solana. He argued that officials have not published a complete reserve report.
Arkham data shows the government holds 328,372 BTC worth over $22.97 billion. The same data lists 62,742 ETH valued at more than $132.74 million. Records also show 750.72 WBTC worth about $52.38 million. Stablecoin balances include over $126 million in USDT. The tracked portfolio exceeds $23.36 billion, yet it lists no XRP holdings.
Discussion has expanded to Ripple’s 37 billion XRP held in escrow. Some community members claim the government could access tokens through legal outcomes. Others suggest Ripple’s $125 million penalty might have involved XRP transfers. However, no official filing confirms payment in XRP. Public records show Ripple paid the $125 million fine, though documents cite no crypto transfer.
Mark Yusko joined the podcast and questioned political narratives around digital assets. He said many federal holdings result from seizures rather than planned purchases. He argued that stockpile discussions may overstate government intent. Melker agreed that uncertainty fuels speculation about XRP exposure. Both speakers stressed that no verified report lists federal XRP reserves.
On-chain data continues to track government-linked wallets. Those wallets contain assets such as BNB, WBNB, USDC, DAI, WETH, UNI, and LINK. Each token carries multimillion-dollar valuations based on market prices. Analysts state some balances remain tied to ongoing legal claims. Courts have not granted permanent forfeiture for every listed holding.
Market observers have called for a formal federal audit of crypto reserves. They argue that transparent reporting would clarify actual ownership levels. Melker said clear numbers would end ongoing debates about XRP exposure. Until officials publish verified figures, questions about federal XRP holdings remain unanswered.
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