Quote from: ~Bitcoin~ on June 29, 2016, 07:45:21 AM

Quote from: Skezaz on June 29, 2016, 01:47:35 AM

Ernst & Young revealed today that it has successfully auctioned off 24,518 bitcoins worth around A$22 million ($16 million) as part of a scheduled auction after the Australian government confiscated the bitcoins from a Silk Road user.

You can see there is margin between actual ($22 milliion) and buy price ($16million) so they will hold or keep selling small amount at a time to get that $6 million in profit, money attracts money. Link to the source of this news will be good to be posted in this thread.

You are not right about this to be honest, in Australia they are using Australian dollars so the 22 million is in real dollars 16 million.
You need to read better... overall its a very big amount and also nice that they have auctioned it.