From "Seized Assets" to "Public Sale," How Is Institutional Selling Changing?

The U.S. Department of Justice's sale of Bitcoin is not an isolated act but reflects the gradual integration of crypto assets into an institutionalized disposal framework. In the early days of the crypto market, any official action was like a "black swan" event; today, the DOJ's selling activity is more akin to a "transparency of process." This change is neutral for the market and may even bring long-term benefits, as it signifies that Bitcoin is now regarded as an asset that can be seized, managed, auctioned, and liquidated, rather than a gray area outside the system.

Of course, in the short term, institutionalized selling can indeed cause psychological pressure, as the market might interpret "government selling" as "officially bearish." However, this view is actually a typical logical misinterpretation. The DOJ's selling activity is fundamentally part of closing a case, not a judgment on Bitcoin's value.

It is worth noting that as the selling process becomes more transparent, the market's "shock threshold" for such events is also rising. Future similar operations may no longer trigger intense volatility but will be seen as predictable supply events. When Bitcoin is incorporated into institutional management, it may lose some of its "mystique," but it gains greater legitimacy. #美司法部抛售比特币