UK to liquidate seized Bitcoin worth 7 billion USD

The UK Home Office announced the plan to sell over 61,000 BTC seized in 2018, worth 7 billion USD, to address budget gaps. A careful liquidation method is crucial to minimize market impact and boost investor confidence.

Concerns arise regarding the liquidation process’s effect on BTC markets. While the past shows mixed outcomes with government sales, structured releases could stabilize the market. Experts recommend auction-based strategies to manage assets effectively.

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