Post
Topic
Board Bitcoin Discussion
Re: US Govt file public notification of sale of ~$130 Million in BTC from Silk Road
by
Tuclikk
on 27/01/2024, 21:50:56 UTC
Technically, it's a lot of money but comparing it to the institutions, it's definitely peanuts. If we see the impact of it, there could be a slight move but compared to what the institutions sell-offs and buy orders. There is no doubt that they've got that much. And if the seized one are going to be sold, it is for sure that many would come to take it as it's like cleaned already by the government as it's obviously because it came from them. WHat matters there is the amount of Bitcoin that will be put up on sale.