According to on-chain analyst Yu Jin's data, the German government has transferred a large amount of Bitcoin to exchanges and market-making institutions, totaling 36.75 trillion BTC since June 19, worth approximately 21.57 billion US dollars. Currently, the German government still holds 13.11 trillion BTC, valued at around 7.58 billion US dollars. Yu Jin expects that these remaining Bitcoins are likely to be liquidated within this week. He also mentioned that some unsold Bitcoins may be returned from exchanges.

Wu learned that, according to on-chain analyst Yu Jin's data, the German government transferred a total of 10,853.5 BTC (approximately $6.38 billion) to exchanges and market makers today. Since June 19, they have transferred a total of 36,748.4 BTC (approximately $21.57 billion) and currently hold 13,110 BTC (approximately $7.58 billion). Based on the recent selling frequency, it is expected that these remaining BTC will likely be liquidated this week. Yu Jin also mentioned that some unsold BTC may be returned from exchanges to addresses, so the actual sales quantity may be lower than the transferred amount.