In the past 16 hours, the German government has sold $376 million worth of Bitcoin. The transactions included selling 10,627 Bitcoins at an average price of $57,976 and recovering 4,169 Bitcoins at an average price of $57,469. Currently, the German government holds about 9,094 BTC, which is approximately 18% of their initial amount. At the current rate, the government may sell all its Bitcoin within the next 1-2 days.