$BTC Feels the Chill as Germany Sells Seized BTC (Brrr!) ๐Ÿ“‰๐Ÿฅถ๐Ÿ‡ฉ๐Ÿ‡ช

Bitcoin's been taking a bit of a tumble lately, down 3.25% in the past day. ๐Ÿ”ด๐Ÿฅ€The price is currently sitting at $63,769.54 per token, with a trading volume of $26 billion. Some folks think this dip might be connected to Germany's ๐Ÿ‡ฉ๐Ÿ‡ช recent decision to sell off some of the Bitcoin they seized from a movie piracy website way back in 2020. ๐Ÿ‘€

Here's the deal: ๐Ÿ’ป๐Ÿ‘‡

๐Ÿ”ฅ Germany got their hands on a whopping 50,000 Bitcoin from that bust.

๐Ÿ”ฅ They've recently started selling some of it - around 3,000 BTC so far.

๐Ÿ”ฅ Funny thing is, the price of Bitcoin has actually gone up since they seized it, so they're sitting on a cool $1.1 billion profit! (Lucky them). ๐Ÿคก

๐Ÿ”ฅ Even after selling some, their remaining Bitcoin stash is still worth over $3 billion.

So, is Germany's fire sale causing the recent Bitcoin dip? ๐Ÿคท It's tough to say for sure, but the timing is interesting! DYOR! #BTC #BTCFOMCWatch #MicroStrategy