A recent rumor suggests that a Latin American country's government might be hiding over 600,000 bitcoins, with a total value approaching $60-67 billion, comparable to MicroStrategy's holdings. Where does this number come from? It mainly stems from exposure of the oil coin project, unclear allocation of $21 billion in energy company revenues, and intelligence pointing to military mining activities.

But there's a major issue—there's no actual on-chain evidence to support this. These figures could be severely overestimated. If the private keys are truly controlled by certain high-level individuals, the situation becomes even more complicated.

The most interesting part is the market reaction: if the rumor is true and a major country's agency seizes the assets, it could temporarily boost market sentiment; but if this massive holding is suddenly dumped, it could trigger a chain of sharp declines. This is the double-edged sword of cryptocurrencies bypassing sanctions—helping to evade regulation but also potentially causing systemic risks at critical moments. Nothing has been confirmed yet.