US Government Readies to Sell $246 Million in Bitcoin

The United States government has shocked the crypto market as it prepares to potentially sell $246 million worth of Bitcoin. This seismic event is could have been precipitated by the recent transfer of more than 9,825 BTC linked to Silk Road addresses, which are now suspected to be under the control of the US Department of Justice. Are These Early Signs of a Bitcoin Sell-Off? In a meticulous operation, the US Department of Justice (DOJ) appears to have moved 8,200 BTC to Coinbase. The federal agency used a labyrinthine funding path, shuffling the assets through the Bitcoin address 361yogPsasxJz6JAaFskmWZes14Gs38ikj. The