American default will wake up the sleeping crypt

American default will wake up the sleeping crypt The bleak prospect of default on U.S. debt and the risk of the dollar losing its status as the world's reserve currency gives crypto a chance to win new financial market territory from fiat. A crypto bomb of tokens on sleeping wallets may explode as early as this year.The mass of tokens that have not participated in any operations for more than 10 years is estimated at about 4.3 million BTC. The origin of some of the tokens is quite transparent, and the current owners can bring them to the open market at any time.205.5 thousand BTC of the US budgetAfter the disclosure of hacker attacks and withdrawals of stolen funds, 205.5 thousand BTC worth $6 bln accumulated on the balance sheet of the US government. In March, a transaction of 10 thousand BTC was already carried out to a Coinbase (NASDAQ: COIN) address for subsequent sale.Since by June 1, according to Janet Yellen, the United States may receive another technical default, a banal budget deficit may force the government to sell a certain amount of tokens from cryptocurrency reserves this month.137.9k BTC from Mt.GoxAfter the collapse of the Mt.Gox exchange in 2014, access to 140 thousand of BTC, which were considered lost, was restored, and the assets were transferred to cold wallets.After conducting the bankruptcy proceedings and accepting applications from the victims, the trustee Mt.Gox announced the start of payments in 2023. For each BTC lost, users will only be able to recover 0.23 BTC, but the price difference makes up for the loss. At the date of the bankruptcy, BTC was trading at $500, while now it is worth 58 times more. And such an impressive profit, most users are likely to rush to cash out.4 million BTC - dark massThese are tokens that are considered forever lost (approximately $113 bln). Last week, 1,100 BTC were recorded to have been dormant for over 10 years, so this threat should not be underestimated.Crypto market in the next few weeks can be extremely active, so we follow the news and do not risk it in vain.Profits to yall!