Maybe yes. but I think it's probably only a small scale. take a good look at Germany, they are included in the top 5 countries with the largest gold supplies in the world to date. If they want, just release a few percent to the problem caver and why should BTC be released in the near future by them.
If you ask why the German government had to release this amount of Bitcoin, of course there are many answers to that because I also read news about the sale of Bitcoin being the result of a confiscation carried out by the German government itself. Apart from that, there is also other news which says that the German government is also ready to buy back Bitcoin under $60K for them to hold, although it is not stated how long they will hold it. You can read in two different articles that I will share here with you