I am just surprised they haven’t sold these holdings earlier. When was the last time they sold? About a year ago. Price went higher, why didn’t they sell more.
Why didn’t they sell everything during the 2014, 2017 and 2021 bitcoin bull markets. Very strange that they kept them all these years while the trial ended a long time ago.
That's true. I would also have expected them to be dumped a lot sooner; it seems they're keen on holding them as well. Now, to address the issue of a potential mass sellout, from how I see things, $2 billion worth of Bitcoin isn't anywhere close enough to crash the market. Perhaps they could put a dent in Bitcoin's price, but it'll only be temporary. I wouldn't expect any massive drops in price either, because there were some users who were hoping for a fallback to $50,000, which is highly unlikely to be caused by the sale of the seized Bitcoin.