Germany holds 29,286 BTC, which represents 9% of 24-hour trading volume. The government has sold over 10,000 BTC, exerting downward pressure on the cryptocurrency's market rate. The spot price of BTC has fallen by nearly 20% to $55,490 in four weeks. Tron founder Justin Sun proposed to buy BTC from the German government off-market to mitigate the negative impact on the spot price.
