The German government may have sold up to $496 million worth of BTC in the past 16 hours
According to Spot On Chain monitoring, in the past 16 hours, the German government may have sold up to $496 million worth of BTC, including: • Transferring 10,853 BTC ($637 million) at a price of about $58,659; • Recovering 2,442 BTC ($141 million) at a price of about $57,560. Currently, they only have 15,552 BTC left ($894 million), which is approximately 31% of the original amount seized from the pirated movie website Movie2k in January.
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