In the past 24 hours, the German government has transferred approximately 16,039 BTC (about $915.30 million) and received about 3,673 BTC (about $206.50 million). It is estimated that the German government may have sold around 12,366 BTC, valued at about $708.80 million. Currently, the German government holds a total of 27,461 BTC, worth approximately $1.55 billion. Additionally, most of the BTC received from exchanges such as Coinbase, Kraken, and Bitstamp, as well as a small amount from other addresses, have been returned to the German government.

ARKM

According to Lookonchain monitoring, in the past 24 hours, the German government address transferred out 16,039 BTC (approximately 9.153 billion US dollars) and received 3673 BTC (approximately 2.065 billion US dollars).
The German government address may have sold 12,366 BTC (approximately 7.088 billion US dollars) and currently holds 27,461 BTC (approximately 15.5 billion US dollars).
Earlier news, according to Arkham monitoring, early this morning, the German government address received a total of 3673 bitcoins (worth over 200 million US dollars), with 3623 bitcoins from Coinbase, Kraken, and Bitstamp, and 50 bitcoins from the address starting with bc1qxw.
The Block's research director, Steven Zheng, stated that these exchanges likely returned bitcoins to the German government address because they could not sell them at the target price range.