[SERIOUS] The US Government currently holds at least 194.000 BTC, and plans to sell it

The US Government holds a sizeable amount of Bitcoin it has acquired from various seizures related to criminal activities. I've done a small write-up on the confirmed acquisitions and sell-offs.

Timeline 1: U.S. Government's Holdings and Acquisition of BTC

• November 2020: U.S. government's BTC holdings start to be tracked by Glassnode, starting with just under 70,000 BTC.
• February 2022: U.S. government's BTC holdings increase to just over 94,000 BTC.
• November 2022: U.S. government's BTC holdings further increase to just over 51,000 BTC.
• Total: The U.S. government is believed to hold at least 194,000 BTC by November 2022, or around 1% of all Bitcoins currently in circulation.

Acquisition Sources:

• November 2020: Confiscation of just under 70,000 BTC from criminals, including assets related to Silk Road.
• February 2022: Seizure of just over 94,000 BTC, including assets related to the Bitfinex hack and other cybercriminal activities.
• November 2022: Confiscation of just over 51,000 BTC, including assets related to Silk Road and other illicit activities.

Timeline 2: U.S. Government's BTC Sales and Prices

• 2014-2015: The U.S. government auctions off 144,000 BTC seized from Silk Road across three auctions. Notable buyers include Tim Draper and Barry Silbert.
• March 2023: The U.S. government sells just under 10,000 BTC, causing a flash crash in the market. The BTC is transferred to Coinbase for sale.
• Upcoming Sales: The U.S. government plans to sell the remaining 40,000 BTC seized from Silk Road in four tranches throughout the year.

Average Sale Prices:

• 2014-2015 Silk Road auctions: An average price of around $334 USD per BTC.
• March 2023: 9,861 BTC for $216 million sold on Coinbase. An average price of around $22.000 per BTC

So far the US government has stated their intention to sell an additional 40k BTC throughout the rest of the year, a major surpressing factor for a potential price increase in 2023.

I feel it's an important to keep this fact in mind when discussing a potential bull-run. I have a feeling that any price increases will quickly be surpressed with this intense sales pressure lurking in the shadows.

On the flip-side, a confirmation of a full sell-off could also be the thing to ignite a run for BTC, and the rest of the market.