That sounds more like declaration of War on Bitcoin 😲
At the very least this is a significant market manipulation attempt and as far as I can tell this would be the first time the US regime is selling seized coins on a centralized exchange instead of auctioning them off-the-market.
The only question remaining is: are they starting to feel threatened by Bitcoin?
However it affects the market, it will certainly recover. What is good, it is better to happen as soon as possible and to remain without the possibility of manipulation.
How accurate are these data?
According to Arkham Intelligence, the US Government account holds much more, 212.862K BTC or $14.42B
https://platform.arkhamintelligence.com/explorer/entity/usg