According to Lookonchain, the U.S. government is now free to sell 69,370 BTC, valued at approximately $4.33 billion, which was confiscated from an individual associated with Silk Road. This follows the U.S. Supreme Court's decision on October 7 not to hear Battle Born Investments' case regarding the ownership of the seized Bitcoin. This development could potentially impact Bitcoin's market dynamics due to the large volume of BTC involved.