The German government has sold $376 million worth of Bitcoin in the past 16 hours and repurchased $240 million worth of Bitcoin. Currently, the German government still holds $520 million worth of Bitcoin, approximately 18% of the initial amount.

CHAIN

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<p>Breaking news from TechFlow: According to Spot On Chain monitoring, the German government address has once again sold $376 million worth of Bitcoin in the past 16 hours, including:</p>
<p>- Sold 10,627 BTC (worth $616 million) at an average price of $57,976;</p>
<p>- Bought back 4,169 BTC (worth $240 million) at an average price of $57,469.</p>
<p>Currently, the German government address holds only 9,094 BTC ($520 million), approximately 18% of the initial quantity. At this rate, it may sell off all Bitcoins in the next 1-2 days.</p>
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