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CryptoQuant CEO: The $6.5 billion BTC sale by the US government may be absorbed by the market within a week, remain calm
Odaily Planet Daily News According to the news, CryptoQuant CEO Ki Young Ju posted on X about the "US Department of Justice being authorized to sell 6.5 billion USD of the detained Darknet Silk Road BTC," saying, "Last year, based on the realized Market Cap calculation, 379 billion USD entered the market, about 1 billion USD per day. The 6.5 billion USD (BTC) sold by the US government may be absorbed in a week. Don't panic."