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Bitcoin Prices Crash Suddenly, Rumors of US Govt Holdings Being Sold-Off – What’s Going On?

Speculation swirled on Wednesday on whether the US government's Bitcoin holdings were being sold off in the thousands. In a tweet, Steven or @Dogetoshi, research director at The Block, found transactions labeled as “Gov:...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Prices Crash Suddenly, Rumors of US Govt Holdings Being Sold-Off – What’s Going On?
Speculation swirled on Wednesday on whether the US government's Bitcoin holdings were being sold off in the thousands.
In a tweet, Steven or @Dogetoshi, research director at The Block, found transactions labeled as “Gov: DOJ Confiscated funds.” 
It then seemed to be a user mistake.
Crypto veteran Adam Cochran echoed that and said that a user had the wallet tagged on their “own local end as Silkroad, so it wasn’t an Arkham alert that went out to traders/bots.”...
Read More: Bitcoin Prices Crash Suddenly, Rumors of US Govt Holdings Being Sold-Off – What’s Going On?

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