According to Spot On Chain monitoring, the German government address may have sold up to $496 million worth of BTC in the past 16 hours. The specific transactions include: transferring out 10,853 BTC (approximately $637 million) at an average price of around $58,659; receiving 2,442 BTC (approximately $141 million) at an average price of around $57,560. Currently, the address holds only 15,552 BTC (approximately $894 million), accounting for about 31% of the original amount seized from the pirated movie website Movie2k.