PANews reported on January 9 that on-chain analyst Trader T stated on the X platform that regarding the matter of 'the U.S. government has been authorized to liquidate 69,370 BTC seized from the Silk Road on the dark web,' it may take several months from authorization to actual sale.
In addition, according to Spot On Chain, the U.S. government currently holds approximately 197,000 BTC, as previous sales were conducted through over-the-counter transactions, which did not directly affect the price, but the resulting market panic may have caused a temporary price drop.
HODL15 Capital also stated that it has confirmed on-chain that the BTC held by the United States has not been transferred or sold.
