The German government has significantly reduced its Bitcoin holdings, now possessing only 4,925 BTC, which is 9.9% of the bitcoins it initially seized. Recent transactions include transferring 5,000 BTC to various entities such as Flow Traders, Coinbase, Kraken, Bitstamp, 139Po, and bc1qu on July 12, and 10,627 BTC to market makers and trading platforms on July 11.

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BlockBeats reported that on July 12, according to Arkham data, the "German government" had just sent another 5,000 BTC ($286.44 million) to Flow Traders, Coinbase, Kraken, Bitstamp, 139Po, and bc1qu. On July 11, the "German government" transferred a total of 10,627 BTC ($615.33 million) to market makers and trading platforms. It still holds 4,925 BTC ($282.45 million), which is 9.9% of the number of bitcoins initially seized.