Germany sold $1.21B of $BTC this week...
and they're about to sell the rest 25,000 $BTC
I analyzed their transactions and official reports...
here's how government tries to trick you 🧵👇
![](https://public.bnbstatic.com/static/content/square/images/4c5dd09a7b5042078f60afff177fe3f7.png)
✜ At the moment, the government has already sold almost all their $BTC, leaving only 752 $BTC in their wallets.
✜ As you can see, nothing critical has happened in the market.
✜ #BlackRock has bought up all the current sales from the German government.
![](https://public.bnbstatic.com/static/content/square/images/eccac5ff3c404f70a843dd7aacf9903a.png)
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![](https://public.bnbstatic.com/static/content/square/images/0ec16b90b3c9423c867cbcbef8d7f4d0.png)
Germany sold $1.21B of $BTC this week...
and they're about to sell the rest 25,000 $BTC
I analyzed their transactions and official reports...
here's how government tries to trick you 🧵👇
✜ These Bitcoins were confiscated by the German government.
✜ In January 2024, 50,000 BTC were seized from the Movie2k website, which was involved in film piracy.
![](https://public.bnbstatic.com/static/content/square/images/7a5eb4869d8f436f9bff7ce321cc4465.png)
✜ In fact, they got them for free and aren't very interested in the growth.
✜ Currently, the German government is transferring funds daily to several CEXs:
- Coinbase
- Kraken
- Bitstamp
![](https://public.bnbstatic.com/static/content/square/images/3198307de7ee49f1a14dbc1da3e30e6a.png)
✜ There, they don't dump all at once but sell gradually and withdraw the funds back to their wallets in the evening, leaving no funds overnight.