Why is it dropping so much? The UK is looking to sell tens of thousands of seized BTC, pending sale, similar to the German government dumping, but with a larger amount, worth over $5 billion. After the UK sells, they can legally keep 90%, with the rest returned to victims of fraud cases. This will be a prolonged period of sustained selling pressure, much greater than the Mt. Gox dump pressure—because it's confirmed to be a full sell-off.