US DOJ Bitcoin Sale Rumors Shake Market Sentiment đșđžđ„
Reports suggested the DOJ moved and likely sold 57.55 BTCâaround $6.3Mâafter onâchain trackers flagged transfers to a Coinbase Prime wallet, sparking fears of a government sellâoff and unsettling traders đšđ; the receiving wallet soon showed a zero balance, widely read as a liquidation signal.
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The move triggered market anxiety, with Bitcoin dipping from roughly $94,760 to $93,600, while lawmakers questioned why seized BTC wasnât placed into the Strategic Reserve as required by Executive Order 14233 â ïžđŹ; Senator Cynthia Lummis publicly criticized the unexpected transfer.
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Confusion intensified as mixed reports circulated, though later updates clarified the US Marshals and DOJ denied any sale, insisting seized BTC is to be heldânot liquidatedâunder current policy đđ§©; the contradiction fueled shortâterm volatility as traders reacted to uncertainty.
