PANews reported on January 9 that on-chain analyst Trader T said on the X platform that " the US government has been approved to liquidate 69,370 BTC seized from the dark web Silk Road ", and it may take several months from approval to actual sale.
In addition, according to Spot On Chain, the US government currently holds about 197,000 BTC. Because the previous sales were completed through over-the-counter transactions, it did not directly affect the price, but the market panic caused may lead to a short-term drop in prices.
HODL15Capital also issued a statement saying that it has confirmed on the chain that the BTC held by the United States has not been transferred or sold.
