Huge movement for Bitcoin? 10,000 BTC confiscated by the US government and sent to Coinbase

Huge movement for Bitcoin? 10,000 BTC confiscated by the US government and sent to Coinbase
Glassnode has discovered the movement of approximately 40,000 bitcoins that come from container pockets that are connected by confiscation by US criminal investigations.
The transfers have aroused concerns about a sale because such an activity could indicate a possible sale that could put the price of Bitcoin under pressure.
Bitcoin is currently under considerable sales pressure after it has fallen to $ 22,018 under a critical support area.
movement confiscated bitcoins
The transfers were marked by Glassnode. According to the update of the crypto analysis company, most internal transfers seem to be. Almost 9,861 BTC (worth 217 million US dollars), which were confiscated by the hacker of the Silk Road, were sent to the crypto exchange Coinbase.
During this time more than 51,000 BTC were confiscated by a person who had received the funds "illegal" after hacking the now no longer existing online black market.Silk Road allowed the purchase and sale of narcotics and other illegal objects without government interventions. The marketplace was closed in 2013, the activity of the confiscated funds seems to appear every now and then.
The FBI confiscated around 144,000 bitcoins within a few months, which led to the US government becoming one of the tenth largest Bitcoin owners this year. In 2015, two agents of the US secret service-Shaun Bridges and Carl Mark Force-were caught at the theft of 1,600 Bitcoins confiscated by federal authorities and sentenced to prison terms.
handling of confiscated funds
Bitcoins are usually sold in public auctions that are carried out by the US Marshals Service - a law enforcement agency within the Ministry of Justice (DOJ).
In recent years, the GO government's confiscation and sales surgery has grown quickly. In 2021, the enforcement authority even digitally tapped the plot bank anchorage in digitally.
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