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Silk Road’s $6.5B Bitcoin stash poses no short-term risk if sold OTC – CryptoQuant – TON BOT

Silk Road’s $6.5B Bitcoin stash poses no short-term risk if sold OTC – CryptoQuant

CryptoQuant suggests that the US government’s sale of $6.5 billion in Bitcoin from Silk Road would not significantly impact the market if sold through over-the-counter desks. Despite concerns, the dormant stash has not caused market volatility. Short-term holders selling caused a 15% price drop, but long-term outlook remains positive.


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