JUST IN: 🇬🇧 UK TO OFFLOAD £5 BILLION WORTH OF #BITCOIN FROM GOVERNMENT RESERVES
This means more that 50,000 $BTC will be up for sale.
Will it trigger a sell off?
- Not likely, institutional demand has been absorbing sell pressure well lately.
- But… if some major bad news hits, a coordinated sell-off could follow though chances remain low for now.