The U.S. Transferred Bitcoin at Midnight, and the Market is in Chaos!
Recently, the U.S. government transferred a large amount of Bitcoin, instantly triggering severe fluctuations in the crypto market. Why did this happen? In fact, most of the Bitcoin in the U.S. comes from assets seized from criminal activities, such as darknet and hacking cases.
This transfer has sparked a lot of speculation: is it preparing for an auction, a sell-off, or just an internal transfer?
The market is worried that if the government sells a large amount of Bitcoin, it could lead to a price crash. In the short term, Bitcoin's price volatility has increased, but in the long run, the market has matured, and this volatility will not affect Bitcoin's fundamental value.
Overall, although there will be some instability in the short term, Bitcoin's future is still full of potential, and investors should remain calm. $BTC