The US govt to liquidate 69,000 BTC

[Jawhead999]

This is the transaction where Silk Road send to The US https://intel.arkm.com/explorer/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6

They've hold it for 4 years and they haven't sell it, there's nothing to worry if they sell the 69K Bitcoin because they have more than that, almost 200,000 Bitcoin if they want to sell https://intel.arkm.com/explorer/entity/usg

Are they going to sell more BTC or use the remaining as their national Bitcoin reserve?

They choose to sell their fake Bitcoin i.e. ETFs version and continue to accumulate the real Bitcoin.

For me the current super cycle is still same like in the past because institutions are aggressively accumulating Bitcoin since the last year, they will have more power in the next super cycle which they can manipulate the market if they want.

[betswift]

They choose to sell their fake Bitcoin i.e. ETFs version and continue to accumulate the real Bitcoin.

For me the current super cycle is still same like in the past because institutions are aggressively accumulating Bitcoin since the last year, they will have more power in the next super cycle which they can manipulate the market if they want.

When do you think we are going to fly up again to the new ATH?
After the real actions regarding the reserves?

[seth001]

A lot of Bitcoin enthusiasts were bullish about this year's market being one of the best we have ever seen which is normal due to the Bitcoin market's 4-year cycle that always provides new ATH prices.  
However, the current 4years cycle market is different from the previous one we have experienced and we should be ready for any surprises because the major investors and holders in this current market are institutional banking, private investment organizations, and the government.

This is what I pointed out some days ago not knowing that the US government would be the first to make a move by giving the DOJ the order to sell $6.5 billion in Bitcoin seized from Silk Road. However, the U.S. entities were said to hold 65% more Bitcoin than non-U.S. entities after Trump's national Bitcoin reserve announcement, and I believe they purposely doing selling of the BTC before Donald Trump's inauguration.

Are they going to sell more BTC or use the remaining as their national Bitcoin reserve? Drive zone Online Mod APK

https://talkimg.com/images/2025/01/09/OjWFz.png

The U.S. government's Bitcoin holdings and potential sales significantly influence market dynamics, especially given institutional dominance. If more BTC is sold, market volatility may rise, shaping the next cycle's trajectory.

[suzanne5223]

Are they going to sell more BTC or use the remaining as their national Bitcoin reserve?

They choose to sell their fake Bitcoin i.e. ETFs version and continue to accumulate the real Bitcoin.

For me the current super cycle is still same like in the past because institutions are aggressively accumulating Bitcoin since the last year, they will have more power in the next super cycle which they can manipulate the market if they want.

Yes, they will want more accumulation power which will give them the chance to manipulate the market. However, they also want to make some profit which I believe is one of the reasons why they are doing what we're seeing now.
Like you said there's no reason to panic but there will see be more dump in the price of the market next week.

A lot of Bitcoin enthusiasts were bullish about this year's market being one of the best we have ever seen which is normal due to the Bitcoin market's 4-year cycle that always provides new ATH prices.  
However, the current 4years cycle market is different from the previous one we have experienced and we should be ready for any surprises because the major investors and holders in this current market are institutional banking, private investment organizations, and the government.

This is what I pointed out some days ago not knowing that the US government would be the first to make a move by giving the DOJ the order to sell $6.5 billion in Bitcoin seized from Silk Road. However, the U.S. entities were said to hold 65% more Bitcoin than non-U.S. entities after Trump's national Bitcoin reserve announcement, and I believe they purposely doing selling of the BTC before Donald Trump's inauguration.

Are they going to sell more BTC or use the remaining as their national Bitcoin reserve? Drive zone Online Mod APK

The U.S. government's Bitcoin holdings and potential sales significantly influence market dynamics, especially given institutional dominance. If more BTC is sold, market volatility may rise, shaping the next cycle's trajectory.

The market volatility has increased because the US government is selling Bitcoin every day and today alone at least $420,000,000 BTC is liquidated from the market we may still see more.
JPMorgan Chase CEO seized the opportunity of the liquidation to make a negative statement that "Bitcoin is a Ponzi scheme that has no intrinsic value." Which could lead to some panic sell.

[Ultegra134]

List of hacked exchanges since 2011.
It happened in 2013 and 2014 with two times of FBI actions and seized bitcoin on Silk Road, then shut it down.

Not all of his statements will be executed after his Inaguaration in coming days. There are many things and barriers against many of his great ideas and ambitious plans including his intention to build up a National Bitcoin Reserve for the USA.

Aha, whether you believe it or not, darknet markets, along with faucets, were my first contact with cryptocurrencies. I probably had browsed all of them, including Silk road. I hadn't realised so many years have passed since then.

Regarding the Bitcoin reserve, I have my doubts whether or not it's going to be implemented. I believe Trump wasn't actually supporting the idea of cryptocurrencies, perhaps he has changed his mindset but I doubt he's going to implement such significant changes. To be honest, I'd rather he fullfil other more important promises.