I posted this on other thread:
I think 209K BTC is too much, if we look at the total of BTC confiscated by the US Gov:
Silk Road 69,369 BTC
Bitfinex Hack 94,643 BTC
James Zhong - 51,326 BTC
In total around 215K of BTC and the estimate balance now is 164K - dang it almost 1% of all BTC currently in circulation.
Blackrock and MicroStrategy might be buy more cheap bitcoins soon ...
source: https://dune.com/21co/us-gov-bitcoin-holdingsWith the data above, I think the US Gov only have 67K BTC left after deducting the 94,643 BTC owned by Bitfinex.
My question now is, why dont they just sell it all at once? or maybe they are still waiting for the BTC price to hit $100K? lol.