BlockBeats news, recently there has been a major event in the crypto space that has caught everyone's attention— the U.S. Department of Justice has been authorized to sell $6.5 billion worth of Bitcoin from the Silk Road seized in the dark web! 😲 Doesn't that sound a bit thrilling?

CryptoQuant's CEO Ki Young Ju expressed his views on X, stating: "Last year, based on realized market value, $379 billion entered the market, about $1 billion daily. The $6.5 billion (in Bitcoin) sold by the U.S. government could be absorbed within a week. Don't panic."

What does this mean? Simply put, although $6.5 billion sounds like a large number, it is actually not as frightening as it seems for the vast crypto market. There is a large flow of funds in the market every day, and the sale of this Bitcoin may not have a significant impact on the overall market.

Of course, this also reminds us that the volatility of the crypto market has always been present, and investors need to stay calm and not make impulsive decisions due to temporary market fluctuations.

So, dear readers, what are your thoughts on this event of the U.S. government selling Bitcoin? What impact do you think this will have on the market? Feel free to share your views in the comments section, and let’s discuss together! 📈

No matter how the market changes, staying rational and calm is always the most important. Looking forward to seeing your wonderful comments!