On July 11, the "German Government" address transferred 5,627 BTC (worth approximately US$328 million) to various trading platforms and market makers. This transaction is part of a larger series of sales that started on June 19, totaling 39,933.4 BTC (US$2.342 billion) transferred so far. After this transaction, the address still holds 9,925 BTC (US$570 million).

<p>BlockBeats reported that on July 11, according to Ember’s monitoring, the “German government” address transferred a total of 5,627 BTC (US$328 million) to trading platforms and market makers today. <br><br>Since the sale of coins began on June 19, a total of 39,933.4 BTC (US$2.342 billion) has been transferred, leaving only 9,925 BTC (US$570 million).</p>