🚨🚨🚨 US government is selling #bitcoin
⚡ 30174 $BTC (which cost around $2.1 billion) of Silk Road hack funds controlled by US government has been moved to Coinbase(see the picture below👇) .
💡Usually such big amounts of #crypto is stored in wallets and transfered to exchanges to sell it. However BlackRock stores some #BTC on Coinbase.
📉 So this in couple with net money outflow from Bitcoin ETFs are some of reasons why $BTC is falling.
🤔Is it the end of bull market or shaking off weak hands before growth?
