Market fears surrounding a potential sale of 69,370 BTC by the Department of Justice are likely overstated. Since September, the market has absorbed over 1 million bitcoins, leading to a price increase from $60,000 to over $100,000. Despite concerns about a sell-off, the market had anticipated this move, which may mitigate its impact. Moreover, in comparison to last year when the German government sold around 50,000 BTC without significantly affecting the market, this situation may follow a similar pattern. The report comes just days before President-elect Donald Trump's inauguration, who has stated intentions not to sell a larger cache of 187,236 BTC held by the U.S. government. Analyzing the long-term holder trends, their holdings have decreased, demonstrating growing market resilience. The 69,370 BTC liquidation, if conducted methodically for optimal pricing, might not derail current market momentum, illustrating that the potential impact of such sales can be less severe than projected.

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