In mid October, DOJ seized ~$15bn, or 127,271 BTC, from Cambodia-based Prince Group / Chen Zhi. It’s the largest crypto seizure in DOJ history.
How many days it would take to liquidate these BTCs?
Daily volume looks to be ~300-500k BTC.
If limit to 3% of daily volume, that is ~12k BTC per day. Then it would take ~10-11 days if US gov were to sell off 127,271 BTC.
Previously, ~69k BTC was seized in November 2020 from a long-dormant Silk Road wallet.
US gov has been authorized to sell the entire stake in 2025.
Other BTC seizure and result: