The actual holdings of the US government are far lower than market expectations, with only 30,000 BTC or less, greatly alleviating concerns about 'selling pressure'; at the same time, it also indirectly indicates that Bitcoin is increasingly flowing into the hands of institutions and individual investors, with chips becoming more dispersed, making the market healthier.
In summary: the biggest seller doesn't have much left, so what is there to fear about a bull market?
