Yesterday's shake was probably because the US government just transferred 19,800 $BTC BTC ($1.92 billion) out of the wallet, of which:
- 10,000 $BTC ($962 million) were sent to Coinbase and
- 9,800 $BTC ($957 million) were transferred to a new wallet
So far in 2024, the US government has transferred a total of 25,999 BTC (currently worth $2.5 billion) to Coinbase.
However, these transfers seem to be custody actions rather than sales, so the shake was not very strong.
The US government's wallet still has 198,109K #Bitcoin ~ $19.06 billion.