According to the chain analyst @ai_9684xtpa monitoring, the US government smashed 10,000 BTC, the chain data shows: this part of the $BTC did not really flow to the market, or, did not directly smash The timeline is organized as follows At 00:34 a.m., the U.S. government deposited 10,000 BTC into Coinbase. 2. At 00:47 in the morning, this part of BTC was credited to Coinbase Hot Wallet 3MqUP From 00:47 am to 05:38 am, 10,000 BTC were distributed to 21 new addresses, each receiving 498.445 tokens. At present, there is no further transfer of tokens from these addresses Then compare the trading volume of TradingView Coinbase corresponding to the time period, the average trading volume of 15min at the time of the pin is only 300 BTC, and the trading volume at the time of the rebound is the same - that is, Coinbase does not have a transaction that can match the 10,000 BTC smashing volume, so we can speculate that the possibility of this operation is as follows It has not been sold yet, and it is planned to ship in batches by wallet in the future. It has been picked up by an institution in the form of OTC and has not flowed to the secondary market