The German government may have sold BTC worth $496 million in the past 16 hours. The specific transactions include: transferring 10,853 BTC at a price of around $58,659, totaling $637 million; and transferring back 2,442 BTC at a price of around $57,560, totaling $141 million. Currently, the German government's address holds only 15,552 BTC, worth approximately $894 million, which is about 31% of the original amount seized from the pirated movie website Movie2k in January.