They try to shut Coinbase down yet they use it to sell their confiscated bitcoin?
That makes a lot of sense.
Well now it looks like they are dumping a chunk of bitcoin right now.
(Source: https://x.com/BitcoinMagazine/status/1806024644341752313/photo/1)
That is worth roughly $250 million and they have a lot more if they want.
Bitcoin is being sold from a ton of different angles.
I recently bought a bunch but it looks like I don't want to buy any more for weeks and months until all this selling plays out.
It's a lot.