Spot On Chain points out that the U.S. government has been authorized to sell 69,370 BTC (approximately $6.5 billion) seized from the dark web Silk Road.

Please note that previous sales did not directly affect the price as they were completed through over-the-counter transactions, but market panic often leads to temporary price drops.

Currently, the U.S. government holds approximately 197,000 BTC ($18.6 billion).