Wait I thought they didn't like Coinbase?

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.