UPDATE 🚨🚨🚨:The US government hasn't sold any of the Silk Road Bitcoin holdings yet, and surprisingly, the wallet has never had an outgoing transaction. This is interesting, given the significant value of the Bitcoin stash, which is currently valued at approximately $13.3 billion .
It's worth noting that the US government has transferred some Bitcoin to Coinbase in the past, but this was likely part of a planned sale or management of their holdings . The government's strategy for managing and selling its Bitcoin holdings is still unclear, and the crypto community is closely watching for any developments.
The update also mentions that the wallet has never had an outgoing transaction, which suggests that the government is holding onto the Bitcoin for now. This could be due to various reasons, such as waiting for a more favorable market price or exploring other options for managing their holdings.
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